Ambassador Packaging News
100 Years Old!
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On 12th July 1909, JW Baldwin of Birmingham was registered as company number 104001 in the United Kingdom. Today, that company registration number is held by Ambassador Packaging Limited, one of JW Baldwin’s descendent companies.
From their days as the country’s leading wood wool producer, Baldwins grew into many other areas of packaging manufacture and distribution, most notably with the foundation of Jiffy Packaging, originally to produce the famous Jiffy Padded Bag the the UK, and later Ambassador Packaging to distribute the company’s ever-expanding product range throughout the country.
The success of both Ambassador and Jiffy has seen them be acquired several times by multi-national corporations such as Buhrmann-Tetterode, Tenneco and Pactiv. Today we remain sister companies as part of the Pregis Corporation, and we continue the work started by our forefathers at JW Baldwin by consistently striving to improve and extend our portfolio with the highest quality packaging products.
Ambassador in The Times "Packaging Innovations" supplement
Ambassador were delighted to feature recently in a special supplement within The Times dedicated to the changing face of the packaging industry.
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In an ever evolving world and the increasing need to be green, this special report highlights the issues and future trends of the packaging world, packed with views and insights of key figures in the packaging industry.
The supplement examines the industry and its development from both a business and consumer perspective, providing a platform for companies to reach enterprises requiring packaging whilst also educating consumers in an informative and targeted manner. The 16 page report offers a unique, informative and educational environment to enlighten the reader of the active role the packaging industry has played in our history, but more importantly, the way it is set to shape our future in a more sustainable global environment. By offering the readers a thorough and in-depth look at the industry and its most important developments, the report seeks to clarify any issues and answer lingering questions that are present in the public's perception of the industry.
The report was included in The Times on Thursday 5th March 2009, and can be read online here.
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Ambassador becomes part of the Pregis Group
AEA ACQUIRES PACTIV’S PROTECTIVE, FLEXIBLE BUSINESSES; LAUNCHES ‘PREGIS’ CORPORATE IDENTITY
Lake Forest, Ill., October 13, 2005 AEA Investors LLC announced today the completion of the acquisition of substantially all of Pactiv Corporation’s (NYSE: PTV) protective and flexible business units for approximately $530 million. Effective immediately, the acquired businesses will operate as Pregis Corporation, a new entity. “This venture presents opportunities for our customers, employees and new investors,” said James D. Morris, Pregis chief executive officer (CEO). “AEA and Pregis share a strategic vision for sales and earnings growth that will allow our new company to accelerate business improvements and enhance our market presence. We are positioned to invest in product and service innovations focused on meeting the current and future needs of the growing market we serve,” Morris added. The acquisition includes diverse protective, flexible and foodservice packaging and hospital supply products both in North America and Europe. Key products include inflatable void-fill systems, Microfoam® and polyethylene sheet foam products, Hefty Express® mailers, Jiffy® mailers (Europe), Hexacomb® honeycomb, bubble air cushioning, engineered foam plank, flexible films, rigid food containers (Europe) and hospital supplies (Europe).
Under Pactiv’s ownership, these businesses operated as Protective Packaging North America, Hexacomb, Protective Packaging Europe (including the Jiffy and Ambassador units), Sengewald Klinikprodukte and MSP Schmeiser (Hospital Supplies), Kobusch- Sengewald (Flexibles) and the European Foodservice Packaging division. In 2004, the acquired businesses had sales of $838 million. Supporting Morris in his new role as CEO, are several former Pactiv executives who will now comprise the Pregis senior management team: Andy Brewer, president, Protective Packaging North America; Peter Lewis, president, Protective and Foodservice Packaging Europe; Bill McBee, president, Hexacomb; Hartmut Scherf, president, Flexibles; Dieter Eberle, president, Hospital Supplies and Kevin Corcoran, chief financial officer.
A site evaluation is underway to select Pregis’ new headquarters. That announcement is expected to be made later in the year. In the interim, Pregis headquarters will operate at its current location in Lake Forest, Ill. European operations will continue to be headquartered in Amstelveen, The Netherlands. AEA is a leading private equity firm with majority ownership in several corporations, including Burt’s Bees, Inc., Kranson Industries, Convenience Food Systems, Marbo, Inc. and Symrise Holding GmbH. It is one of the most experienced international private equity investment firms with investors that include former and current CEO's of major multinational corporations, family groups, endowment funds and institutions from around the world. With offices in New York and London, AEA focuses on investing in companies in the industrial products and services, specialty chemicals and consumer products sectors. For more information about AEA, visit the company website at www.aeainvestors.com.
Pregis’ extensive protective, flexible, medical and foodservice products offer solutions for various markets and applications including: food, beverage, agricultural/produce, electronics, health and beauty aids, pharmaceuticals, medical, chemicals, furniture, flooring, industrial, home office, appliances, automotive and small business.
*Business Facts available at www.pregis.com
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