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Scepter Holdings acquires selected Blitz assets from Bankruptcy Court.

Scepter Holdings Inc., of Toronto, Ontario, Canada, has purchased selected assets of Blitz USA, comprising the land, buildings and machinery located in Miami, Oklahoma, for an undisclosed amount. The transaction closed on September 28, 2012.

“Our immediate goal is to try to address the current void in the portable fuel container market place brought about by the forced bankruptcy of Blitz. However, the high number of product liability lawsuits in the US concerns us. It's something we have not witnessed in any other country we sell to around the world. All fuel cans will be manufactured to meet or exceed all applicable US and international standards. Everyone needs to realize that gasoline must be handled in a safe manner, at all times.” states Robert Torokvei, President of Scepter Holdings.

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