Sigdo Koppers Cuts Plastic Film in Chile, Argentina

Sigdo Koppers Cuts Plastic Film in Chile, Argentina

Chile M&A

Chilean conglomerate Sigdo Koppers is shedding its plastic film operations Sigdopack SA in Chile and Sigdopack Argentina, selling two plants to Peru-based Oben Holding Group for $51.6m. The move is part of a strategic decision to focus on mining and industry, it says. Oben, which produces BOPP raw film used in food and beverage packaging, picks up the operations in a consolidation move that also adds BOPA – nylon film – to its family of products. Oben declined to comment on how it is financing t

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial