Charter Next Generation (CNG), North America's leading producer of high-performance, sustainable films, will acquire Polymer Film & Bag, Inc. (PF&B), the extrusion business of the Polymer Packaging family of companies based in Massillon, Ohio, along with certain related assets.

"PF&B is a perfect fit for CNG and will help us continue to outpace industry growth in the future," said Kathy Bolhous, Chairman and CEO of Charter Next Generation. "The team in Massillon shares many of our core values as well as a focus on creating sustainable solutions. We also share a commitment to focus on our customers' success by providing the most advanced, highest quality films available. We are thrilled to welcome the PF&B team to CNG."

Polymer Film & Bag is a Safe Quality Food (SQF) manufacturing company serving industrial and food service markets. Its state-of-the-art co-extrusion lines offer superior quality, environmentally responsible films featuring a stronger but thinner design that surpass the properties of thicker conventional films. Some of PF&B's unique capabilities will be new to CNG, enabling CNG to expand into new, attractive vertical markets.