Rexam PLC. Rexam PLC history, profile and corporate video
Rexam PLC. Rexam PLC is a global consumer packaging company. It is organized in three segments for Beverage Cans based on the geographical locations of Europe and Asia, North America and South America, and into one operating segment for Plastic Packaging. It makes drinks cans for brands located worldwide. It also manufactures precision medical devices, from bronchial inhalers to transdermal drug delivery systems, as well as products for personal care applications. The Company has 83 manufacturing sites in 25 countries across the globe Rexam’s operations are located in Europe, North, South and Central America, North Africa and Asia. Its customers include AB InBev, Carlsberg, Coca-Cola, Hansen Beverages, Heineken, Hornell, L’Oreal, PepsiCo, Red Bull and Schincariol. In August 2012, the Company sold its High Barrier food container business to a subsidiary of Silgan Holdings Inc. In September 2012, Silgan Holdings Inc. acquired its plastic thermoformed food business.”
“Rexam History
The company was founded by William Vansittart Bowater in 1881 in London selling paper. In 1923 his son, Eric, refocused the business into paper manufacturing under the name Bowater Paper Mills. The Company diversified into tissue manufacturing in 1956 forming Bowater-Scott, a joint venture with the Scott Corporation; Scott Corporation bought out the Bowater interest in the joint venture in 1986.
In 1992, the company acquired Dickinson Robinson Group Packaging. In 1995, the name was changed to Rexam, an abbreviation of the name of one of the Company’s subsidiaries, Regal Paper America, and the business was refocused again – this time into consumer packaging.
In 2005, Rexam disposed of its glass manufacturing businesses to Ardagh Glass Group so as to concentrate on its beverage can production worldwide. It then went on to acquire O-I Plastics, a plastic packaging business in North America, in 2007. In June 2011, Rexam agreed to sell its lid-making operations to the U.S.-based Berry Plasticsfor £222 million (US$360 million).
On February, 13, 2014, Rexam has said that it acquired 51% stake in United Arab Can Manufacturing Ltd for $122 million.”
*Information from Forbes.com and Wikipedia.org
**Video published on YouTube by “RexamPlc“