Austin Foam Plastics, Inc., a leading provider of engineered packaging solutions, announces its acquisition by Sealed Air and will integrate into their Product Care Division.

April O'Hearn Abello, CEO of AFP, Inc., stated: "This acquisition allows AFP to act for the future together with one of our strongest and most loyal suppliers, Sealed Air. The combination of Sealed Air and AFP will provide a powerful and unique global value proposition to our customers, employees and suppliers."

In the area of specialty foams, Sealed Air has long been a leading materials supplier, but did not have the fabrication capability required to design and deliver solutions directly to end users. Through the acquisition of AFP, Sealed Air is advancing its capability to work directly with customers to design, fabricate, and deliver custom packaging solutions that eliminate damage, reduce freight shipping cost, maximize labor and resource efficiency, mitigate environmental impact, and enhance consumer experiences.

Source: prnewswire.com