September 23, 2017 10:19 PM ET

Containers and Packaging

Company Overview of Sistema Plastics Limited

Company Overview

Sistema Plastics Limited manufactures, markets, and distributes plastic kitchen storage containers for customers around the world. It offers lunch boxes and bags, drinking bottles, cooler bags, plates and bowls, juice jugs, and bottle coolers. The company distributes its products under KLIP IT and Klipo brand names. It offers its products through a network of distributors. The company was incorporated in 1987 and is based in Auckland, New Zealand. It has offices in Australia, the United Kingdom, France, Scandinavia, and the United States. As of April 3, 2017, Sistema Plastics Limited operates as a subsidiary of Newell Brands Inc.

221 Ihumatao Road

Mangere

Auckland,  2022

New Zealand

Founded in 1987

Phone:

64 9 579 7903

Fax:

64 9 579 4962

Key Executives for Sistema Plastics Limited

Chief Executive Officer
Financial Controller
Marketing Director
Compensation as of Fiscal Year 2017.

Sistema Plastics Limited Key Developments

Sistema Plastics Announces Executive Changes

Sistema Plastics chief operating officer Drew Muirhead has been appointed chief executive to replace founder Brendan Lindsay following the company's sale to US-based Newell Brands for $660 million last year. Muirhead moved to New Zealand 14 years ago and started working at Sistema on the factory floor as a die setter, rising through the ranks to become factory manager in 2010 and chief operating officer in 2014.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 12, 2016
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