THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Saturday, December 30, 1995 TAG: 9512300376 SECTION: BUSINESS PAGE: D1 EDITION: FINAL TYPE: Daily Digest LENGTH: Short : 20 lines
Chesapeake Corporation, based in Richmond, completed the sale of its wholly owned subsidiary, Chesapeake Consumer Products Company, based in Appleton, Wis., to The Fonda Group, Inc. The sale price was approximately $29 million, subject to certain adjustments. Chesapeake Consumer Products markets premium disposable tableware including napkins, paper plates and tablecovers to the grocery, drug, mass merchandiser and party channels under trademark brands which include Sensations, Splash and Party Creations. (Staff) by CNB