MeadWestvaco Corporation (NYSE: MWV) today announced that it has acquired Keltec Dispensing Systems, one of the world's premier foamer and airless dispensing systems manufacturers. The acquisition advances MeadWestvaco's global packaging leadership strategy by expanding its array of packaging solutions and services to customers worldwide. Terms of the transaction were not disclosed.
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Innovation Deli Ltd., the UK-based developer and marketer of innovative formulations for personal care and pharmaceutical products, is the winner of the Rexam 3rd Annual Formulation Challenge, a worldwide competition designed to unleash the creativity of product developers.
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Rexam, developer of the world’s widest and most innovative range of instant-foam dispensers, will reach the 1,000,000,000 foamer mark later in 2007.
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