Webpackaging logo

Tekni-Plex signs definitive purchase agreement to acquire three Amcor manufacturing facilities

  • Tekni-Plex
North America, USA, US - The Northeast, US - The Midwest, Health, Medical, Diagnostics, Primary Packaging, Caps, Lids, Closure Components, Seals, Flexibles, Secondary Packaging, Labels, Tree Derivatives, Paper, Flexible Materials

Tekni-Plex has signed a definitive purchase agreement to acquire three manufacturing facilities from Amcor’s Flexible Packaging business unit.

The facilities—located in Madison and Milwaukee, Wisconsin and Ashland, Massachusetts— provide a broad portfolio of sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels.

“The acquisition expands our complex packaging solution portfolio for medical device manufacturers, many of whom are our customers today. Tekni-Plex’s medical products businesses – Colorite, Natvar and Dunn – have been supplying these same customers globally for decades, and we will continue to deliver on their quality and service expectations,” said Paul Young, president and chief executive officer, Tekni-Plex.

“The acquisition of these three plants also brings us 150 highly qualified and experienced employees who form the backbone of the business. We are happy to welcome them to the Tekni team of 3,000 strong across the world.”

The Amcor manufacturing facilities purchase is the eleventh acquisition Tekni-Plex has made in the past five years, supporting its strategy to grow its business though transformative acquisitions and strategic add ons.

The closing of the acquisition is conditioned upon approval by the United States Department of Justice and the closing of the merger between Amcor Limited and Bemis Company, Inc.

See also

Tekni-Plex exhibits unit dose packaging, latest films, cleanroom bags for pharma, medical device applications

Tekni-Plex exhibits unit dose packaging, latest films, cleanroom bags for pharma, medical device applications

The latest in unit dose packaging and films for pharmaceutical and medical device applications will be featured by Tekni-Plex Europe at CPHI InnoPack, November 5-7, Frankfurt, Germany, stand 111G70. As a result of Tekni-Plex’s recent Lameplast acquisition, the company will be discussing semi-automatic and fully automatic Pentafill™ fill/seal machines for its injection molded unit-dose packaging.

Tekni-Plex business units exhibit latest products at CPHI-InnoPack

Tekni-Plex business units exhibit latest products at CPHI-InnoPack

The latest in films and closure liners for medical device and pharmaceutical applications will be featured by Tekni-Plex business units at CPHI InnoPack, October 24-26, Frankfurt, Germany, stand 42H70. The company’s Tekni-Films business unit will be highlighting its Flexapharm® ultra high-barrier PVDC SBC coating, which offers multiple barrier and economic attributes for pharmaceutical applications, as well as its Aclar® laminates.

Colorite announces North American launch of Cellene thermoplastic elastomer compounds for medical devices

Colorite announces North American launch of Cellene thermoplastic elastomer compounds for medical devices

Colorite, a Tekni-Plex company, is introducing its Cellene line of thermoplastic elastomer compounds to the North American marketplace for medical device applications. Cellene thermoplastic elastomer compounds are suitable for a wide variety of medical devices, as well as packaging and other regulated markets. Cellene compounds are formulated to be silicone, latex, phthalate, halogen and PVC-free using FDA-compliant raw materials to meet USP Class VI and ISO 10993 standards.

  • Company News
  • English
  • Modified 22 Apr 2019
  • Hits 243