Reynolds Consumer Products Announces Acquisition of Trans Western Polymers’ US Operations

Merger of Private Label Trash Bag Operations

LAKE FOREST, Ill.--()--Reynolds Consumer Products announces the acquisition of the domestic operations of Trans Western Polymers Inc., which will be combined with Reynolds’ Presto Products subsidiary to bring together private label trash bag operations. Both companies are manufacturers of quality store brand products that supply national retailers. In the U.S., Trans Western Polymers is a supplier of trash bags, while Presto provides trash bags in addition to private label food bags and disposable containers.

The companies are combining to leverage scale, balance manufacturing footprint, improve distribution efficiencies, and gain additional capacity in waste bags. These combined resources will result in continued quality and service to support the continued growth prospects for this market segment.

“We are very excited to join Presto and Trans Western Polymers to create synergies in capacity, technology, and service. Our combined experience in store brands will help us grow in the waste bag category,” said Matthew Kim, U.S. Trans Western President.

Rita Cox, President, Presto Products adds, “Both of our companies have great customer relationships. Both are long-term, reliable suppliers of quality products to nationally-known customers across major retail trade channels. There is value in joining our very complementary platforms and product capabilities. We look forward to being able to offer even more innovations to our customers in the future.”

Trans Western Polymers Inc. (TWP) is a manufacturer and distributor of private label plastic trash and food storage bags. TWP serves mass, grocery, drug and dollar store channels. The focus of TWP is to exceed customers' expectations through highest quality, best value products manufactured by a workforce embracing the highest levels of safety, innovation, and teamwork. TWP was founded in Northern California in 1983.

Presto Products Company is a market-leading supplier of products including private label food and disposer bags, packaging closures, soil stabilization materials, and specialty stretch films. Presto has the strength and agility to provide leading-edge products and services that help its customers compete. Presto, founded in 1961, is now a subsidiary of Reynolds Consumer Products, and is based in Appleton, Wisconsin. For more information, visit PrestoProducts.com.

Reynolds Consumer Products is a leading provider of quality household essentials that have been trusted for generations. Reynolds® and Hefty® brand products help with preparation, cooking, cleanup, and storage, making mealtime easier. Its branded and private label products are available in the U.S. at mass merchants, grocers, and other retail stores, and in approximately 90 countries throughout the world. For more information, visit ReynoldsConsumerProducts.com.

Contacts

Reynolds Consumer Products
enquiries@reynoldsgroupholdings.com
or
Terese Eklund, 1-847-482-2773
teklund@pactiv.com

Contacts

Reynolds Consumer Products
enquiries@reynoldsgroupholdings.com
or
Terese Eklund, 1-847-482-2773
teklund@pactiv.com