• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Applications
    • Technology
    • Market
    • Other
    • Top 40
    • Buyers Guide
    • Hygiene Directory
    • More
  • Magazine
  • News
  • Exclusives
  • Applications
  • Technology
  • Market
  • Other
  • Top 40
  • Buyers Guide
  • Hygiene Directory
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    Southeast Asia Edition
    eNewsletter Archive
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    2020 Trends in Nonwovens

    Focus on: Eastern Europe and Russia

    The Year that Was 2019

    Nonwovens in Automotives

    Hygiene Components Suppliers Adapt to Change
    Company Cameo
    Financial News
    Machinery Equipment
    New Products
    Nonwovens News
    Patent Review
    People in the News
    Supplier News
    Top News
    Live From Shows
    Top News
    NDC Appoints President

    Archroma Names CEO

    Nice-Pak to Offer Sustainable Solutions to Every Customer

    FiltXPO Speaker Line-Up Announced

    Optima Packaging Honored at Regional Competition
    Absorbent Core
    Adult Incontinence
    Antimicrobials
    Apparel
    Automotive and Transportation
    Chemicals / Adhesives
    Construction
    Contract Services
    Diaper, Baby
    Electronics
    Feminine Hygiene
    Fibers
    Filtration
    Flame Retardance
    Geotextile / Agrotextile
    Home Products
    Hygiene Film/Components
    Industrial / Institutional
    Inspection / Quality Control
    Machinery and Equipment
    Medical
    Wipes

    Podcast: Natalia Richer of Diaper Testing International

    Archroma Names CEO

    Nice-Pak to Offer Sustainable Solutions to Every Customer

    The Feur System Offers Help to Incontinence Sufferers

    The Global Market for Baby Care: Where is it Currently and Where is it Going?
    Air Through Bonding
    Airlaid
    Carded/Carding
    Chemical Bonded
    Composite
    Meltblown
    Needlepunch
    Nanotechnology
    Spunbond
    Spunlace
    Thermal Bonded
    Wetlaid

    Freudenberg Acquires Slovenian Needlepuncher

    Airlaid Market Report

    Video: Coming in November 2019

    Nxtnano Introduces nFLUX Nanofiber Membranes

    Freudenberg Submits Offer to Buy Low & Bonar
    China
    Eastern Europe/Russia
    India
    Middle East/North Africa
    North America
    Pacific Rim
    South/Central America
    Turkey
    Western Europe

    Freudenberg Acquires Slovenian Needlepuncher

    Italian Nonwovens Sector on Verge of Breakthrough

    E-Commerce in Africa and the Opportunities for a Hygiene Manufacturer

    Dates Announced for ANDTEX 2020

    Nippon Tungsten Opens Brazilian Facility
    Associations
    Contracts / Awards
    Education
    Facilities / Capacity
    Green / Sustainability
    Legal / Regulatory
    Market Data
    Mergers and Acquisitions
    Product Improvement / Innovation
    R&D/Basic Research
    Shows / Events

    Nice-Pak to Offer Sustainable Solutions to Every Customer

    FiltXPO Speaker Line-Up Announced

    Freudenberg Acquires Slovenian Needlepuncher

    Hrinko Honored with INDA Lifetime Service Award

    Chester Honored at Hygienix
    Chart
    Companies
    All Companies
    Categories
    Company Profiles
    Add New Company
    International Buyers Guide Companies
    OPTIMA nonwovens GmbH

    Wacker Chemie AG

    Investkonsult Sweden AB

    Infiana

    XIAMEN GACHN TECHNOLOGY CO., LTD
    Brands
    Brand Owners
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • Southeast Asia Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • All Companies
      • Categories
      • Company Profiles
      • Add Your Company
    • Applications
      • Absorbent Core
      • Adult Incontinence
      • Antimicrobials
      • Apparel
      • Automotive and Transportation
      • Chemicals / Adhesives
      • Construction
      • Contract Services
      • Diaper, Baby
      • Electronics
      • Feminine Hygiene
      • Fibers
      • Filtration
      • Flame Retardance
      • Geotextile / Agrotextile
      • Home Products
      • Hygiene Film/Components
      • Industrial / Institutional
      • Inspection / Quality Control
      • Machinery and Equipment
      • Medical
      • Wipes
    • Technology
      • Air Through Bonding
      • Airlaid
      • Carded/Carding
      • Chemical Bonded
      • Composite
      • Meltblown
      • Needlepunch
      • Nanotechnology
      • Spunbond
      • Spunlace
      • Thermal Bonded
      • Wetlaid
    • Market
      • China
      • Eastern Europe/Russia
      • India
      • Middle East/North Africa
      • North America
      • Pacific Rim
      • South/Central America
      • Turkey
      • Western Europe
    • Other
      • Associations
      • Contracts / Awards
      • Education
      • Facilities / Capacity
      • Green / Sustainability
      • Legal / Regulatory
      • Market Data
      • Mergers and Acquisitions
      • Product Improvement / Innovation
      • R&D/Basic Research
      • Shows / Events
    • Top 40 Companies
      • Chart
      • Companies
    • Online Exclusives
    • Hygiene Directory
      • Brands
      • Brand Owners
    • Slideshows
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Whitepapers
    • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
      • Live From Asian Connections
    • Resources
      • Suppliers Gallery
      • Literature Showcase
      • Web Showcase
      • Home Page Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Online Exclusives

    Berry Plastics Ups Profile Through Avintiv Acquisition

    Common customers, global growth, access to fast-growing markets among reasons for purchase

    Karen McIntyre, editor08.03.15
    The purchase of Avintiv (PGI Nonwovens) has not just made Berry Plastics the world’s largest nonwovens producer, it is also helping the Evansville, IN-based company achieve several corporate goals.
     
    The acquisition will give Berry Plastics increased access to the global hygiene and healthcare markets and lessen its dependence on the food and beverage packaging segment, which comprised about 40% of sales prior to the deal. A reported 57% of Avintiv’s $2 billion 2014 sales were within the health and hygiene categories compared to 10% of Berry’s sales.

    Already, Berry and Avintiv share several key customers. In fact nine of Avintiv’s top 10 customers in these segments are also key Berry accounts. Avintiv supplies polypropylene-based nonwovens that act as coverstock and absorbent material in diapers and feminine hygiene items while Berry sells backsheet materials, molded wrapping and fem care applicators to the same markets.
     
    From a supply perspective, the joining of these two companies will create one of the biggest customers of polypropylene resins globally. Together they source just short of two billion pounds of polypropylene annually.
     
    Avintiv’s global scope was also attractive to Berry. With 23 locations in 14 countries and four continents, its global presence far outweighs Berry’s whose sales are heavily skewed toward North America, representing 96% of the total.
     
    “Geographically it is also a big advantage for Berry because Avintiv has a much broader international focus, and we think their leadership in many emerging markets will help facilitate growth,” says Jon Rich, Berry chairman and CEO.
     
    According to company data, 44% of Avintiv’s sales last year were in North America while 26% were in Europe, the Middle East and Africa; 20% were in South America and 10% were in Asia-Pacific. In recent years, Avintiv, which was known as PGI until June, has invested significantly in global markets. Most recently, the 2015 acquisition of Dounor in France boosted its European business while the purchase of Companhia Providencia last year gave it a strong foothold in Brazil. Additionally, Avintiv has made investments or upgrades in China, Argentina, Mexico, Colombia, Spain and the U.S. in recent years.

    Earlier this year, Avintiv said it had filed registration papers to launch an initial public offering of its shares. Its CEO Joel Hackney says the company had worked strongly in this direction until more recently when it became clear that being acquired was another option for its future. "As Avintiv recreated itself as a leader in specialty materials, our team created such momentous growth that not just Berry but many customers recogized this," he said. "Just like the business we have created was attractive to potential investors through an IPO, it became attractive to a strong company like Berry."
     
    Berry also expects to capitalize on synergies with Avintiv beyond healthcare and hygiene. Within the wipes market, where Avintiv supplies substrate fabrics, Berry sells a number of plastic dispensing solutions; while in building and construction, Avintiv’s building wraps and geotextile products will complement Berry’s offerings, which include films and tapes. The one area where the two companies compete is within the medical apparel segment where they both make gowns and masks. However, Avintiv’s role is significantly bigger than Berry's.
     
    “Avintiv has a very diverse product offering into the medical and hygiene spaces,” Rich explains. “One of the things that we are most excited about is the opportunity to deliver solutions to our customers to help them reduce processing time and simplify things.”
     
    For example by merging the sourcing and production of absorbent materials and backsheets in baby diaper manufacturing or creating a marriage between substrate production and dispensing solutions in the disinfectant wipes market, the newly merged company will be offering product solutions to its customers.

    As for Avintiv, Hackney is confident it will continue on a similar path under the umbrella of Berry Plastics.
     
    "Our strategy for Avintiv is very straight forward and simple," Hackney adds. "If you consider our strategy to become a leading specialty materials business creating a cleaner, safer and healthier world, our acquistions have helped us accelerate this by not only expanding our scale but also by adding technologies to add specialized solutions. Berry takes this strategy even further and brings even more technology and capabilities and size and reach and so on, when you think about it, our path we’ve been on for the past two years and Berry’s path, it is just accelerating."
     
    With Avintiv, Berry will earn itself a spot on the list of Fortune 500 companies. In 2014, Berry’s total sales were $5.1 billion, earning it a spot at 53 on Fortune’s rankings of companies. After the acquisition, which is expected to close by the end of the year, total sales will be about $7.2 billion, according to Rich who called the acquisition a transformational day for his company.
     
    Related Searches
    • middle east
    • absorbent
    • masks
    • berry
    Related Knowledge Center
    • Filtration
    • Adult Incontinence
    • Spunbond

    Related Online Exclusives

    • Diaper, Baby | Wipes
      The Global Market for Baby Care: Where is it Currently and Where is it Going?

      The Global Market for Baby Care: Where is it Currently and Where is it Going?

      New market research gives insights into the future.
      Charles Sternberg, Assistant Editor 12.05.19

    • Adult Incontinence
      Catering to the Moderate to Heavy Incontinence Sufferer

      Catering to the Moderate to Heavy Incontinence Sufferer

      Inspired by family, Adam Greenberg founded NorthShore Care Supply to offer products that provide people with dignity and security
      Tara Olivo, Associate Editor 10.17.19

    • Feminine Hygiene
      Feminine Care Trends Set New Performance Requirements

      Feminine Care Trends Set New Performance Requirements

      Positioning adhesive addresses consumers’ active lifestyle and increased functionality trends while delivering up to 25% savings to hygiene customers
      Julia Li, Hygiene Global Marketing Manager, H.B. Fuller 10.16.19


    • Feminine Hygiene
      New York Requires Fem Hy Ingredient Listing

      New York Requires Fem Hy Ingredient Listing

      Manufacturers have 18 months to update packaging
      10.15.19

    • Wipes
      Consumers Seeking Transparency in Wipes

      Consumers Seeking Transparency in Wipes

      New wood-based fiber development open possibilities to maximize disposable wipe performance
      Jürgen Eizinger, vice president, global business management, Nonwovens, Lenzing 09.24.19

    • Diaper, Baby
      Dad Develops Absorbent Pajamas

      Dad Develops Absorbent Pajamas

      Peejamas are an alternative to overnight diapers while potty training
      Tara Olivo, Associate Editor 08.06.19


    • Green/Sustainability | Wipes
      Paper-Based Wet Wipes Lid Reduces Waste

      Paper-Based Wet Wipes Lid Reduces Waste

      HasoCap offers a more sustainable packaging solution
      07.25.19

    • Apparel
      Leather Goes Vegan

      Leather Goes Vegan

      Out of the Woods bags are a cellulose-based—and washable—alternative to leather
      Tara Olivo, Associate Editor 06.18.19

    • Feminine Hygiene
      Fem Hy Goes Natural

      Fem Hy Goes Natural

      As women start thinking about what’s in their pads, tampons and liners, manufacturers are rolling out new options
      06.06.19


    • Adult Incontinence
      Because Puts New Spin On Adult Inco Products

      Because Puts New Spin On Adult Inco Products

      Silicon Valley execs choose adult incontinence for their next venture
      04.10.19

    • Feminine Hygiene
      Organic Initiative Comes to America

      Organic Initiative Comes to America

      New Zealand-based company offers organic cotton feminine care products for the masses
      04.08.19

    • Wipes
      Deodorant Wipes: Will They Stick?

      Deodorant Wipes: Will They Stick?

      Brands big and small are adding these skin freshening wipes to their product lines.
      Tara Olivo, associate editor 03.13.19

    • Meltblown | Spunbond

      PF Nonwovens—A Global Producer

      Now one of the largest spunmelt manufacturers in the world, the Czech-based producer is not done growing
      02.05.19

    • Diaper, Baby
      DiviDiaper Rises to the Occasion

      DiviDiaper Rises to the Occasion

      Couple takes matters into their own hands when diaper options don't work for ill son
      01.31.19

    • Diaper, Baby | Western Europe
      ANSES Assessment Shows Chemical Substances Present in Diapers

      ANSES Assessment Shows Chemical Substances Present in Diapers

      Nonwovens industry refutes claims with strong history of safe products
      01.24.19

    Breaking News
    • DuPont to Acquire Osmosis Specialist
    • Nice-Pak to Expand in Indiana
    • Hospeco Launches Compact Fem Hy Dispenser
    • Simavita Set to License Sensor Technology in EU
    • NDC Appoints President
    View Breaking News >
    CURRENT ISSUE

    November 2019

    • Airlaid Market Report
    • Nonwovens in Filtration
    • WHO’S WHO IN SAN PRO MACHINERY
    • Feminine Hygiene Brand Owners Directory
    • Feminine Hygiene Manufacturers Shift Focus
    • View More >



    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Deerland Obtains Certification from Australia’s Therapeutic Goods Administration
    OptiMSM Shown to Improve Hair & Nail Appearance and Condition
    DCC Acquires Contract Manufacturer Ion Laboratories
    Coatings World

    Latest Breaking News From Coatings World

    Arkema: Bostik Acquires Danish Company LIP
    Axalta Adds New Epoxy Primer to Tufcote Liquid Industrial Coatings Portfolio
    Chromaflo Technologies Promotes Sergio Duenas to Country Manager of Mexico
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    FDA OKs World's First Single-Use Duodenoscope
    Dr. Stephen Hahn Confirmed as New FDA Leader
    FDA OKs First Test to Help Screen for Newborn Duchenne Muscular Dystrophy
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Sanofi Awarded $226M by US Gov't for Pandemic Influenza Preparedness
    Amgen Selects Location For R&D Facility
    Arctoris Opens Oxford R&D Facility
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Time Features 5 Best Beauty Inventions
    CES 2020 Preview - Innovation Award Honorees in Health & Wellness
    Prada & L’Oréal Sign Long-Term Licensing Deal
    Happi

    Latest Breaking News From Happi

    Cosmetic Assessments Revealed at CIR Panel
    T-Boz Launches CBD Line
    DRF and Flowerkist Develop CBD Range
    Ink World

    Latest Breaking News From Ink World

    Ripon Printers Adds Ricoh Pro C9210
    LogoJet Opens Bogota, Colombia Office
    Canon Solutions America Powers University of Notre Dame Athletics' Printing Capabilities
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    GSE products provide quality assurance for Pharmalabel
    Luminer promotes Heather Bookman to prepress manager
    Materials Exchange launches to solve excess inventory issue
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    DuPont to Acquire Osmosis Specialist
    Nice-Pak to Expand in Indiana
    Hospeco Launches Compact Fem Hy Dispenser
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    FDA OKs First Test to Help Screen for Newborn Duchenne Muscular Dystrophy
    Europe, North America Comprise More Than 80 Percent of Global Bone Marrow Transplantation Demand
    TriMed Closes Out FDA Warning Letter
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    3D Printing Materials Market to Grow at 23.9% CAGR Through 2025: GVR
    Kyocera, TactoTek Collaborate on Injection Molded Structural Electronics Solutions
    Toray Opens R&D Innovation Center for the Future

    Copyright © 2019 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.