7 March 2018
Transcontinental buys another packaging company
Sixth packaging company since 2014
Sixth packaging company since 2014
Transcontinental Printing announced  that it has acquired Multifilm Packaging Corporation, a flexible packaging supplier located in Elgin, near Chicago, employing over 70 people. The company is in the high-end candy and chocolate packaging market in North America, and specializes in piece-wraps and high-barrier laminates for the confectionery, snacks and dry foods markets. Multifilm has an integrated manufacturing process and distinguishes itself through its expertise in cast film extrusion, metallization and demetallization, as well as aluminum foil printing.
TC Transcontinental is Canada's largest printer and a key supplier of flexible packaging in North America. The Corporation is also  in the specialty media segments. Transcontinental has been selling off newspaper and publishing assets. The company has been repositioning it's self in the packaging business. This is the sixth flexable packaging company they have bought since 2014.  
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