Coca-Cola Co. sold two units to an investor group.
The company said it gained $38 million from the sale of Winkler-Flexible Products and Presto Products. Winkler is based in Los Angeles and makes plastic cutlery and straws. Presto is based in Appleton, Wis., and makes plastic bags and wrap. The units were sold to an investment group headed by E. O. Gaylord. Terms of the sale were not disclosed.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
