German packaging supplier Mauser Group announced last week that it has reached an agreement to acquire Russell-Stanley Holdings Inc., one of the largest manufacturers of steel drums and plastic containers for North Americas lubricant industry.
Mauser officials said the deal will allow the company to consolidate its position in North America. It already operates six production sites in the United States. In addition, Russell-Stanleys plastic drum business has for 20 years been based on a manufacturing license from Mauser.
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