Darrow Aluminum Inc. - The Laminated Products Company Spin-off
An integrated aluminum producer adjusted its priorities and sought to sell businesses not strategic to its core aluminum operations. Among the first identified to be sold was its Laminated Products Company (LPC). LPC, located in the southern U.S., was the leading North American producer of cigarette pack liner foil, both in terms of market share and technological capabilities. The focus of the case is on the efforts of a management team to structure a deal to purchase LPC.
Canada/USA, Small, 1994
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