Liqui-Box has signed a definitive agreement to acquire both the engineering and flexible operations of Maverick, based in Cape Town, South Africa.
Maverick Engineering makes bag-in-box making equipment and Maverick Flexibles designs and manufactures specialty films and laminates for food and beverage markets.
“Combining Maverick with Liqui-Box will be transformational for the bag-in-box market as we fully integrate our various substrates and fitment designs with a best-in-class bag making process into all of our manufacturing plants around the world,” said Ken Swanson, president and CEO of Liqui-Box.
Maverick was established in 1999 by MD Derek Fay supplying bag-in-box bag and pouch making equipment for the international market with over 80 machines sold.
