Altium Packaging Canada to Acquire Plastique Micron, a Leading Specialty Packaging Manufacturer

Altium Packaging Canada, a subsidiary of Consolidated Container Company
(CCC), today announced that it has acquired Plastique Micron (PMI) and
its affiliates, IMBC Blowmolding 2014 and Action Plastic Products, a
leading specialty packaging manufacturer.

Plastique Micron is one of the largest manufacturers of plastic
containers in eastern Canada. PMI has three plants strategically located
in Quebec and Ontario, (Anjou, Orangeville and Sainte-Claire,
Bellechasse in Québec). The company’s operations include more than 200
employees that provide quality products and services to PMI’s domestic
and multinational customers across the pharmaceutical, nutraceuticals,
healthcare, food, industrial chemical, and cosmetics industries. All
three locations will be integrated with the existing Altium Packaging
Canada plants to strengthen CCC’s Canadian product offering and
manufacturing platform.

CCC has invested in Canada over the past year and continues to seek
opportunities to grow Altium Packaging across the country. Sean
Fallmann, President and CEO of CCC, stated, “This acquisition is the
next step in executing our vision of becoming a differentiated packaging
solutions provider. The acquisition of PMI allows us to further broaden
our portfolio in the specialized pharmaceutical, health and
nutraceuticals markets while expanding our footprint in Canada. We are
excited to have the team at PMI join our Altium Packaging team in
Canada.”

“The shareholders and management of PMI welcome and support the
partnership with Consolidated Container Company as it comes at the
perfect time and will result in a new phase of expansion for Plastique
Micron,” stated Bernard Poitras, CEO of PMI. “CCC believes fully in the
value that PMI provides our customers and will continue to invest in the
people and operations at the PMI plants to ensure the long-term
competitiveness and viability of the business.”

About Consolidated Container Company

CCC is a leading developer and manufacturer of rigid plastic packaging
solutions in North America. CCC specializes in customized mid- and
short-run packaging solutions, serving a diverse customer base in the
dairy, household chemicals, food/nutraceuticals, industrial/specialty
chemicals, water, and beverage/juice segments. CCC also operates a
leading post-consumer resin business, Envision Plastics. With 60 rigid
plastic packaging manufacturing facilities, two recycled resins
manufacturing facilities, and 2,600 employees, CCC has an integrated
network that consistently delivers reliable and cost-effective packaging
and recycled resin solutions to meet the needs of a wide range of
customers. From its state-of-the art Studio PKG™, to the recycling
technologies of Envision Plastics, to its experienced manufacturing
teams across its network, CCC delivers high performance, cost-effective
solutions to meet even the most challenging applications. For more
information, please visit www.cccllc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190326005598/en/