Sigma Plastics Group, one of Flexible Packaging magazine's Top 25 Converters, has acquired polyethelene film manufacturer Southern Flim Extruders Inc., who filed for Chapter 11 bankruptcy on August 4. Terms of the purchase were not disclosed.
Sigma Plastics chairman and CEO Alfred Teo referred to the High Point, N.C.-based film manufacturer as "a well-established, reputable company that complements our industrial film expansion strategy.”
Southern's general manager John Barnes will remain with the firm after the sale.
Sigma Plastics Group