Orbis Corporation Acquires Norseman Plastics

October 27, 2008


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NEWS RELEASE - Orbis Corporation, a subsidiary of Menasha Corporation, announced today that it has acquired Norseman Plastics Holdings, LTD.  Terms of the transaction were not disclosed.

Norseman manufactures plastic reusable containers, trays, bins, and pallets used in bakery, beverage, dairy, recycled material/waste collection, food service, agriculture and meat processing applications.

The acquired business is headquartered in Toronto, Ontario, Canada.  Included in the acquisition are manufacturing and warehousing facilities in Toronto; Howell, MI; Osage City, KS, and Kissimmee, FL.  Norseman Plastics has approximately 600 employees in North America.

According to Jim Kotek, president of Orbis, "This acquisition strengthens Orbis' position as a leader in plastic reusable packaging and provides us with tremendous growth opportunities in diverse markets.  Our customers are continually looking to Orbis for leadership and expertise in ways to reduce their supply chain costs with reusable packaging.  Norseman's diverse product line, strong customer relationships and industry knowledge are consistent with Orbis' vision and expertise."