SADDLE BROOK, N.J., July 14, 2000 (PRIMEZONE)-- Sealed Air Corporation (NYSE:SEE) announced today that it had completed the acquisition of Reflectix, Inc.
The cash acquisition had a price of approximately $6.1 million and increases Sealed Air's participation in the manufacture and sale of reflective insulation products that utilize air cellular technology.
Sealed Air is engaged primarily in the manufacture and sale of a complementary line of food, protective and specialty packaging materials and systems. To view Sealed Air's latest financial news online via the World Wide Web, visit www.cfonews.com/see