MAUSER Group enters US Steel Drum reconditioning Market

The MAUSER Group has announced the takeover of the business of American Container Net, Inc. (“ACN”) and its wholly owned subsidiary, Strawser Steel Drum of Ohio, Ltd. (“SSD”). ACN is a recognized national player in the North American steel drum reconditioning industry. Supporting the Group’s global sustainability initiative, this transaction will also enhance the growth strategy of National Container Group (“NCG”), the MAUSER subsidiary for reusable container solutions in the U.S. and Europe.

ACN and SSD are well established suppliers of new and reconditioned steel drums in the North American markets. ACN is a leading reconditioner of steel drums with production facilities in Pittsburgh, PA., Providence, RI as well as a distribution center in Richmond, VA. SSD is a manufacturer of new steel drums located in Columbus, OH.

Commenting on the significance of the takeover, Dr. Clemens Willée, CEO MAUSER Group said: “The ACN/and SSD business opens up important business opportunities with attractive synergy potential to leverage the MAUSER market position. At the same time, this acquisition is a strategic investment to support the global MAUSER sustainability effort, offering our customers a packaging range that combines economy with ecology.”

“ACN/SSD and NCG/MAUSER are a perfect fit,” added Peter Schaefer, Global Head of NCG, explaining that “both are renowned for their substantial expertise in the steel drum market and its recollection business“. Taking over the business of ACN/SSD allows the MAUSER Group to enter the North American steel drum reconditioning market and will complement its existing product portfolio.

The ACN/SSD product portfolio includes a wide range of products and services: from reconditioned open head steel drums and remanufactured closed head drums, to new steel drums, reconditioned washed steel drums, container disposition services, scrap steel and polyethylene sales, and hybrid steel drums (new shell, reco ring and cover).

About MAUSER
MAUSER Group is a leading producer of industrial packaging with approx. 4,000 employees and revenues of around EUR 1 billion. Its largest business is plastic packaging, followed by metal and IBC packaging, reconditioning services and machinery for packaging production. MAUSER Group operates more than 50 locations in Europe, North America, South America, Latin America and Asia. Two networks – one for plastic and one for the production of steel drums – include approximately 30 members in more than 20 countries and make MAUSER quality products and services available worldwide.
For further information www.mausergroup.com

About National Container Group (NCG)
The MAUSER Group subsidiary was founded in 1988 in North America where it established the first nationwide recollect service for IBCs. The company’s Recollect Service has been expanding continuously since then and today operates a comprehensive network of strategic locations for a worldwide recollect service, making MAUSER one of the leading global collectors and recyclers of industrial packaging.
www.ncg-europe.com

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