Sistema Plastics Explained

Sistema Plastics
Type:	Subsidiary
Industry:	Food
Predecessors:	-->
Successors:	-->
Founder:	Brendan Lindsay
Fate:	Acquired by Newell Brands
Hq Location City:	Auckland
Hq Location Country:	New Zealand
Products:	Plastic food containers
Owners:	-->

Sistema Plastics is a New Zealand company which manufactures food storage containers. It is based in Auckland and owned by Newell Brands.^{[1] [2] [3]}

Overview

Brendan Lindsay founded Sistema Plastics from his home in Cambridge, New Zealand in 1987. The company name Sistema comes from the Italian word for systems. The company is focused on BPA-free plastic kitchen storage containers under the brand names KLIP IT and Klipo.

Newell Brands bought the company in 2017 for NZ$660 million (US$470 million).^[4]

Awards

In 2018, Sistema was named Plastics Training Company of the Year by the New Zealand Plastics Industry.^[5] In 2019, Sistema won the Technology Innovator award in the Epicor Customer Excellence Global Awards programme, for its use of automated processes.^[6]

Notes and References

1. Web site: These Life-Proof Containers Have Kept My Microwave Clean for 3 Years . Whitney . Alyse . Bon Appetit . 31 January 2018 . en . 2018-04-01.
2. Web site: Plastics manufacturer Sistema sold for $660 million . 2016-12-13 . Radio New Zealand . en-nz . 2018-04-01.
3. Web site: $600m sale of Sistema gets green light from OIO . 2017-05-01 . NZ Herald . en-NZ . 2018-04-01.
4. Web site: 2016-12-13. US conglomerate Newell Brands buys NZ-owned Sistema Plastics for $660m. 2021-05-23. NBR. en.
5. Web site: Plastic fantastic – Sistema wins Training Company of the Year. 2021-05-23. Competenz. en-NZ.
6. Web site: doug. 2019-07-02. Sistema Plastics awarded Epicor Technology Innovator of the Year. 2021-05-23. NZ Manufacturer. en-NZ.