Bubble Wrap maker Sealed Air said Monday it has purchased a French company called B+ Equipment, which designs, manufactures and services automated packaging equipment for product order fulfillment.
In a statement, Sealed Air said the acquisition includes B+’s proprietary I-Pack system and the newly introduced e-Cube system, which will be a boost to e-commerce operations since they provide “intelligent, high-velocity fulfillment.”
Terms of the deal were not disclosed.
“The acquisition of B+ further solidifies Sealed Air’s position in the growing e-commerce market with a solution that focuses on reducing the cost of shipping and increasing productivity,” Kenneth Chrisman, president of Sealed Air’s product care unit, said in the statement.
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Sealed Air broke ground on its new Charlotte headquarters in the LakePoint Corporate Center in June. The manufacturer has said it expects to have a workforce of 1,262 in Charlotte, with local hires making up about half, once it finishes moving from New Jersey into its new offices in early 2017.