FDBusiness.com

CSP Technologies acquires food packaging firm Maxwell Chase

 Breaking News
  • Ardgowan Unveils Plans For Inverclyde Distillery Ardgowan Distillery has revealed ambitious designs for its new £12 million distillery which is being built on the Ardgowan Estate near Inverkip, 30 miles west of Glasgow. The plans showcase the flagship building which has just secured revised planning consent from Inverclyde Council. The striking new design, by Michael Laird Architects, brings a number of improvements [...]...
  • HKScan Launches Exports of Finnish Poultry Products to Sweden HKScan, the Nordic food and meat group, has started exporting Finnish poultry products to Sweden. They will initially be sold through the largest retailer ICA’s outlets under the Karinäs®(Kariniemen®) brand. The launch gives Swedish consumers access to a new innovation: high welfare farm-born poultry that is hatched on the farm where it is raised. This new concept is [...]...
  • Almonds Retain Top Spot For Nut Introductions in Europe According to Innova Market Research’s latest Global New Product Introductions Report, almonds retain the number one spot for nut introductions in Europe. With a 47% share of global almond product introductions, the region leads globally for the eleventh year running. Europe as a whole saw a total of 5,017 new introductions with almonds – a [...]...
  • Arla Foods UK Launches New Standards Model to Bring Sustainable Change to Dairy Farming With ongoing volatility in the global milk markets, increasing consumer misunderstanding of the sector, polarised levels of support for UK dairy farmers and a new post-Brexit Agriculture Bill the challenges for dairy farmers are mounting. Farmer-owned co-operative Arla Foods has launched ‘Arla UK 360’ – a new standard in UK dairy farming. The Arla UK 360 [...]...
  • €172 Million to Promote EU Agri-food Products In and Outside the EU The European Commission will provide funding of €172.5 million from the EU agricultural budget to promote EU agri-food products in Europe and across the world. 79 campaigns, covering a wide range of products such as dairy products, olives and olive oil, and fruit and vegetables, will be rolled out over the next three years. Agriculture and [...]...

CSP Technologies acquires food packaging firm Maxwell Chase

March 23
10:09 2016

Maxwell_Chase_1-15-14_0211Polymeric protective packaging specialist CSP Technologies has acquired Maxwell Chase Technologies, a US-based producer of absorbent and non-absorbent packaging solutions for the food industry.

The acquisition is CSP’s first deal since Wendel’s investment last year, when the company acquired CSP in a deal worth $360m.

This transaction is in line with the company’s diversification and growth strategy to further expand into the food industry.

CSP Technologies CEO John Belfance said: “Maxwell Chase represents a significant step in our efforts to diversify CSP’s business profile and our long-term strategy to develop active packaging solutions for the healthcare and food industries.

“By extending our portfolio to include Maxwell Chase’s differentiated product offering supported by its expertise in moisture-absorbent technology, we can offer our customers comprehensive packaging solutions.

“Our combined capabilities will enable our customers to address the increasing challenges in the food packaging industry by offering reliable design and delivery.”

Based in Georgia, Maxwell Chase produces active packaging solutions that control moisture to help keep foods, including fresh-cut fruits, vegetables, meats, poultry, and seafood fresh for longer.

The company’s Fresh-R-Pax absorbent technology is claimed to extend the shelf life and quality of fresh-cut foods and IceWrap, a cost-effective ice blanket, is said to maintain the quality of temperature-sensitive products during shipment.

Maxwell also produces processing equipment that integrates with its packaging. Its product range includes trays, pads, pouches, retail containers and mini containers, as well as semi-automatic and automatic slicers.

Maxwell Chase CEO Michael Walsh said: “We look forward to working with the CSP team to expand our capability in food packaging innovation.”

Maxwell Chase Technologies was founded in 1994, holds a variety of patents (both US & International) that cover’s its absorbent food packaging, equipment, and processes.

About Author

admin

admin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 21, 2018Int'l Food Products Exhibition (Sial)
  • October 25, 2018Italian Espresso Coffee Show (TriestEspresso Expo)
  • October 25, 2018Finnish Food Fair
  • October 31, 2018Int'l exhibition for food products and equipment (Indagra Food)
AEC v1.0.4

Jobs: Food Packaging

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements