Alusuisse-Lonza/Wheaton cosmetics, personal care packaging sales will total $322.1 mil..
This article was originally published in The Rose Sheet
Executive Summary
ALUSUISSE-LONZA/WHEATON COSMETICS, PERSONAL CARE PACKAGING SALES TOTAL $322.1 MIL., or about Sfr 400 mil., based on a May 3 exchange rate of $1=Sfr 1.2419. Alusuisse-Lonza Holding Ltd. (A-L), an aluminum, chemicals and packaging manufacturer based in Zurich, Switzerland, announced May 3 that it will acquire Melville, N.J.-based specialty glass and plastics producer Wheaton Inc. for $400 mil., financed through A-L's available liquidity and credit lines. The deal, which is subject to the approval of Wheaton shareholders, is expected to be finalized in late May.