Selig Sealing Products, a leading manufacturer of tamper-evident closure lining material, announced that it has acquired ISCO Jacques Schindler & Co. AG., a privately held business based in Niederglatt, Switzerland. This is Selig’s second strategic acquisition in the specialty packaging sector after its acquisition of Unipac in 2008. Selig Sealing Products is a portfolio company of Behrman Capital, a New York and San Francisco based private equity firm.

Together with ISCO, Selig now offers a complete range of lamination technologies from solvent based, solvent free, extrusion and hot-melt systems and a broad range of print solutions including water based and solvent based, flexographic and rotogravure and a capability to employ 10 color gravure print to match the most demanding graphics needs in all of our markets.

“ISCO’s product lines will augment Selig’s product and technology offering, resulting in a combined company able to offer customers a broad range of innovative, high quality solutions and allows Selig to offer flexible packaging products,” says Steve Cassidy, president and CEO of Selig Sealing Products. “In addition, ISCO’s operation in Switzerland will strengthen our presence in Europe and provide truly global manufacturing, enhance our access to the European market, and accelerate our growth. We are delighted to welcome the ISCO team to Selig, and look forward to working with them to increase sales of current product offerings and develop new technologies.”

“We look forward to our new relationship with Selig and to beginning a new chapter on ISCO’s history of innovation and accomplishment,” says Jacques H. Schindler, who is continuing as the vice president and general manager of ISCO. “Accompanying Selig’s investment will be their commitment of substantial financial and operational expertise. Selig will be an excellent partner for us as we implement the next stages of our growth plan.”

“The partnership with Selig is the ideal next step in the development and growth of ISCO, which has seen strong growth in both the flexible packaging and foil inner seal businesses in recent years,” says Schindler who continues in an advisory role with the company.

Selig Sealing Products
(815) 657-8233
www.seligsealing.com

ISCO Jacques Schindler & Co.
41 (0)44 851 50 50
www.isco.ch/