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POMPANO BEACH, FL – July 7,
2009 – FlexSol Packaging Corp and Sigma Plastics Group announced
today a strategic partnership. This alliance brings together two well
known industry leading film producing companies.
“FlexSol is very enthusiastic about this alliance and the foundation it
provides for aggressive growth in the years ahead,” said Brian
Stevenson, President of FlexSol Packaging Corp. “Sigma has earned the
reputation of being one of the most financially sound leaders in the
flexible films industry and the partnership with FlexSol will allow for
strong customer, market and product synergies. With FlexSol’s financial
restructuring now complete, Sigma will become the majority shareholder
of FlexSol. The entire FlexSol management team is excited to become part
of the Sigma Group.” Mr. Teo said, “FlexSol is a very fine company with
an outstanding management team. As one of the original company founders,
I have been closely associated with FlexSol for over two decades. I am
very excited about the combined opportunities available as FlexSol joins
the Sigma family of companies”. |