Monday, October 22, 2012

MeadWestvaco to Buy Ruby Macons, India

MeadWestvaco Announces Acquisition of Ruby Macons in India:
MeadWestvaco Corporation, a global leader in packaging and packaging solutions today announced a definitive agreement with Mr. Alibhai Nathani and family to purchase Ruby Macons Limited ("Ruby Macons"), India's top producer of corrugated packaging materials and a leader in the country's growing industrial packaging industry. Terms of the transaction were not disclosed.