Schütz acquires Mexican industrial container manufacturer ELSA

Schütz GmbH & Co. signed an agreement to acquire 100% of Envases y Laminados, S.A. de C.V. (ELSA), Mexico's leading supplier of rigid industrial packaging. The deal is expected to close in early 2018, subject to antitrust approval. Financial terms were not disclosed.

“Schütz GmbH & Co., a German manufacturer of packaging systems, announced it has signed a purchase agreement for 100% of the shares of Envases y Laminados, S.A. de C.V. (ELSA).”mexico-now.com

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• mexico-now.comGermany-based Schütz acquires biggest Mexican manufacturer of industrial containers - MEXICONOWMEXICONOWDec 22, 2017

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