LL Flex Restructures

LL Flex a supplier of paper, film and metals-based laminates for packaging and industrial applications, has said it is to realign its executive management team and focus its assets in core markets.
This is said to follow Centre Lane Partners’ (CLP) sale of the Oracle Packaging business in Winston-Salem.
Headquartered in Louisville, Kentucky, LL Flex will remain a part of the CLP portfolio of companies. Industry veteran Victor Dixon has been appointed CEO.
The company said it planned to allocate resources to support continued growth, expansion into new lines of business and development of innovative laminated materials solutions for the wire and cable, tobacco, building and construction, and specialty markets.
‘For tobacco companies, LL Flex is North America’s largest supplier of cigarette inner bundling material, as well as custom-printed laminations for cigar, pipe and smokeless tobacco,’ the company said in a press note.