1st Aug 2007 08:00
Rexam PLC01 August 2007 Rexam completes acquisition of O-I Plastics Rexam, the global consumer packaging group and the world's leading beverage canmaker, is pleased to announce that it has completed the acquisition of O-IPlastics which was initially announced on 11 June 2007. O-I Plastics, a leadingUS manufacturer of rigid plastic healthcare packaging and plastic closuresystems, will now be merged with Rexam's current Plastic Packaging operations. Rexam, with its leading positions in Beverage Cans and in Plastic Packaging, nowhas two significant and strategically well positioned global businesses withgood growth prospects. 1 August 2007 Enquiries Rexam +44 20 7227 4100Leslie Van de Walle, Chief Executive OfficerDavid Robbie, Finance DirectorJonathan Thornton, Group Communications Director Financial Dynamics +44 20 7269 7121Richard Mountain Rexam is a leading global consumer packaging company and the largest beveragecan maker in the world. Our vision is to be the leading global consumerpackaging company. We are business partners to some of the world's most famousand successful consumer brands as well as young, entrepreneurial start-ups. Weoffer a broad range of packaging services and solutions for differentindustries, using different materials and technologies. Three thingscharacterise us - leadership in our industry, our commitment to innovation andour passion to deliver exceptional value. Rexam's sales from continuingoperations for the year ended 31 December 2006 were approximately £3.3 billion.We employ some 21,000 people in more than 20 countries and are a member of theFTSE 100. Rexam's ordinary shares are listed with the UK Listing Authority andtrade on the London Stock Exchange under the symbol REX. For furtherinformation on Rexam, visit www.rexam.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
REX.L