This acquisition represents a significant platform for further expansion into the food industry, in line with CSP’s diversification and growth strategy.
CSP Technologies, Inc., an Auburn, Ala.-based leader in advanced polymeric protective packaging solutions, acquired Maxwell Chase Technologies, LLC, an Atlanta-based producer of absorbent and non-absorbent packaging solutions for the food industry. This acquisition represents a significant platform for further expansion into the food industry, in line with CSP’s diversification and growth strategy.
Founded in 1994, Maxwell Chase’s innovative active packaging solutions control moisture and improve quality and extend shelf life in fresh foods, including fresh-cut fruits, vegetables, meats, poultry and seafood. The company also produces processing equipment that integrates with its packaging.