Schoeller Arca Systems Inc. North America, manufacturer of reusable plastic pallets and containers, has sold it’s product lines Xytec® foldable large containers and Combo™ intermediate bulk containers to Myers Industries Inc., Akron, Ohio.
The decision to sell both product lines in foldable large containers is part of the strategy to further focus and strengthen the plastic pallet, foldable small container and other business in the US.
René Wolfkamp Chief Executive Officer of the Schoeller Arca Systems division: ”We have successfully introduced many innovative solutions for plastic pallets and foldable small containers to the US and are serving a number of prominent customers. In our ambition to further strengthen our position on the US market in plastic pallets and foldable small containers, full focus on these specific product groups is needed.”
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel, and undervehicle service industry in the US.
The purchase includes select equipment, molds, and inventory related to the Xytec® and Combo™ product lines for the US.
