# Sealed Air to acquire Automated Packaging Systems for $510M

Sealed Air signed a definitive agreement to acquire US-based automated bagging systems maker Automated Packaging Systems for a total consideration of $510 million on a cash and debt-free basis. The deal is subject to regulatory approval.

- Type: Acquisition
- Announced: 2019-05-01
- Where: Streetsboro, Ohio, United States
- Value: $510.0M
- Jobs: 1,200
- Status: announced
- Products: Autobag bagging machines, pre-opened bags on a roll, recycled film solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sealed Air](https://endata.com/companies/548.md) (acquirer)
- [Automated Packaging Systems](https://endata.com/companies/4972.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/sealed-air-agrees-to-acquire-automated-packaging-systems-for-510m/), 2019-05-01: "Sealed Air has signed a definitive agreement to acquire US-based automated bagging systems manufacturer Automated Packaging Systems (APS) for a total consideration of $510m."
- [ipfmexpo.com](https://www.ipfmexpo.com/en/press/detail/871/77), 2019-09-23: "Sealed Air Corp. announced May 1 that it was acquiring Automated Packaging Systems Inc. of Streetsboro, Ohio, for $510 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.