RIVIERE-DU-LOUP, Quebec (Dec. 5)—Packaging systems developer Premier Tech Ltd. has acquired Chronos Richardson Holdings Ltd., a global provider of powdered materials handling equipment and systems for the tire and rubber industry. The sale price for the Nottingham, England-based company was not disclosed, but Premier Tech said the acquisition would more than double the sales of its packaging business area to nearly $65 million. Premier Tech Packaging Ltd. is active in materials handling, palletizing and packaging systems for powders, fibrous or granular materials. Chronos Richardson has 300 employees, 260 of whom are based in Europe, with 25 in Asia and 15 in North America.
Canadian packaging systems group buys Chronos Richardson
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