MeadWestvaco (MWV) has signed an agreement to acquire Indian producer of corrugated packaging[packaging?:DCP-H series packaging sample cutter plotter] materials Ruby Macons, for an undisclosed sum.

 

MWV chairman and chief executive officer John Luke Jr said the addition of Ruby Macons strengthens the company's ability to grow profitably in the Asian country by leveraging its capabilities in packaging materials together with its global innovation capabilities.

 

According to MWV, the acquisition will expand the company's presence in industrial packaging in India, which includes a manufacturing facility in Pune.

 

The facility manufactures rigid, humidity-resistant corrugated packaging for fresh fruits and vegetables, consumer goods, household appliances and pharmaceuticals.

 

MWV will offer a broad range of packaging solutions that address market and consumer needs in India, through Ruby Macons and its converting customers, besides its Pune plant.