Company News, Packaging News

New Ownership To Expand Risdon into Global Group

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By: TOM BRANNA

Editor

Risdon has been purchased by private investors for development into an expanded global packaging group with broader product offerings and added markets in Asia and Europe. The new ownership, with extensive experience in the packaging industry, formed Risdon International, Inc., to complete Risdon’s purchase from Crown Holdings, Inc. Stephen T. Pearlman, Risdon’s president since 2001, will continue to head the company. In addition to Mr. Pearlman, the former Risdon management team including James Adams, vice president operations and Faqueer Ahmad, executive vice president international.

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