MGJ offers a range of closure liners for wine, spirits, pharmaceutical, personal care, food, household and industrial markets
MGJ offers a range of closure liners for an expansive range of applications. (Credit: Jan Yap from Pixabay)
Packaging solutions provider Selig Group has acquired French foam-based container sealing solutions provider Manufacture Générale de Joints (MGJ) for an undisclosed sum.
Established in 1947, the company has developed differentiated foam-based products for an expansive range of applications.
Based in Lyon, MGJ offers a range of closure liners for wine, spirits, pharmaceutical, personal care, food, household and industrial markets.
Selig Group president and CEO Steve Cassidy said: “MGJ’s team, products, markets and capabilities are extremely complementary to Selig and represent a significant growth opportunity for the combined organization.
“Our cultures are well-aligned and focused on developing unique and valuable solutions for customers’ packaging issues.”
The acquisition of MGJ will allow Selig to add complementary adjacent capabilities to better serve its customers on a global basis, in addition to boosting the combined development of environmentally sustainable products.
Operating from its primary facility in France, MGJ will adopt the Selig Group name to work as a team and focus on expanding the combined business. MGJ also has operations in Canada and China.
Under the deal, MGJ’s Stéphane Triquet will serve as vice president for Selig’s European business unit.
In a statement, Triquet said: “Selig is an ideal long-term home for MGJ’s employees and owner to support our operation in its next phase of growth. This is a highly strategic combination, enabling us to provide a more comprehensive solutions offering for customers globally.
“We will continue to focus on the innovative, high-quality products and the exemplary service our customers rely upon.”
In January this year, Selig wrapped the acquisition of Performance Systematix (PSI), a container and packaging venting solutions supplier.
Selig Group, a subsidiary of CC Industries (CCI), provides differentiated container sealing and venting solutions for food, beverage, pharmaceutical, healthcare, personal care and industrial applications.
The company also manufactures a range of technical laminates and flexible packaging products in Europe for these applications.