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Tekni-Plex completes acquisition of three healthcare packaging plants

  • Tekni-Plex
North America, USA, US - The Northeast, US - The Midwest, Health, Medical, Diagnostics

Tekni-Plex has completed the acquisition of 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 have been supplied by our Colorite, Natvar and Dunn medical products businesses for decades,” 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.

“Genstar is excited to be sponsoring Tekni-Plex’s acquisition of the Amcor plants, as we continue to focus efforts on expanding our healthcare-related packaging capabilities,” said David Golde, managing director, Genstar Capital.

See also

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 18 Jun 2019
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