Hedwin Liner Business Sale Announcement

May 1, 2017

Dear valued customer,

Thank you for your ongoing partnership with the Hedwin Division of Zacros America.

Today we announce the pending sale of our liner business – including PAYLINER®, HEDLINER®, WINLINER® and TOPLINER® products and their related accessories to CDF Corporation.

CDF has been a premier manufacturer of drum and pail liners for several decades, and understands the market needs and applications for our products.  We feel that the quality of the liner products and technologies invented, improved and/or sold by Hedwin Division of Zacros America will be well served by CDF Corporation, an established provider in the market.

After the closing of the transaction, CDF will be your ongoing source for the drum and pail liner products mentioned above.   We anticipate that the transition to CDF will take place in early June.

We at the Hedwin Division of Zacros America are committed to ensuring a smooth transition to CDF, and will work diligently to meet your needs and requirements.  Representatives from both the Hedwin Division of Zacros America and CDF Corporation will be contacting you to begin turnover activities in the near future.

Until the closing, the Hedwin Division of Zacros America will continue to service your account.

Following the closing of the pending sale of our liner business all order and service inquiries for liner products should be directed to the Customer Service team at CDF:

    CDF Corporation
    77 Industrial Park Rd
    Plymouth, MA 02360

    Drum & Pail Division
    Customer Service Team
    508.591.6700 • 888.593.2211
    www.cdf1.com

The Hedwin Division of Zacros America looks forward to shaping our future with a narrow focus on our patented CUBITAINER® flexible packaging products and processes, to improve upon the unparalleled value and durability of our flagship product while leveraging the power of the entire Fujimori Kogyo Ltd., and Zacros organization to perfect it.

If you have any questions or need any additional information, please feel free to contact our customer service department at [email protected] or 800.890.1183 option 4.

Very truly yours,

Yasuo Iwasa
President of Hedwin Division of Zacros America Inc.
Executive Vice-President of Zacros America Inc.
www.hedwin.com

Joe Sullivan
President
CDF Corporation
www.cdf1.com

*CUBITAINER®, HEDLINER®, WINLINER®, PAYLINER®, and TOPLINER® are registered trademarks of Zacros America Inc.