COVERIS ACQUIRES NEW ZEALAND-BASED ELLDEX

Thursday, May 28th, 2015

CHICAGO, IL, May 28, 2015 – Coveris Holdings S.A., a leading packaging and coatings solutions company, today announced the acquisition of Elldex Packaging Solutions, a New Zealand-based full-service flexible packaging company. The acquisition, effective immediately, will enable Coveris to expand globally into Australasia.

Elldex is a manufacturer and importer of HDPE and LDPE flexible plastic packaging. With more than 125 employees, Elldex provides products that serve the meat, dairy, seafood, horticulture, and agricultural sectors.

“We are very pleased to add Elldex Packaging Solutions to Coveris,” said Gary Masse, Coveris CEO. “As the global demand for our products continues to increase, Elldex will allow us to serve our customers in this important region of the world.”

“Elldex is a terrific strategic fit for Coveris. We are pleased to be part of this growing packaging company,” said Murray Hine, Elldex General Manager.Elldex was previously owned by Hellaby Holdings Ltd.