TEKNI-PLEX
Takeover of Mexican extruder maker Johnson Plastic Group
 The takeover of Johnson Plastic expands the US company’s medical device portfolio (Photo: PantherMedia/phasinphoto) |
US packaging supplier Tekni-Plex (Wayne, Pennsylvania; www.tekniplex.com) said it has acquired Johnson Plastic Group (Mexicali / Mexico; www.johnsonextrusion.com), a manufacturer of custom, turnkey extrusion manufacturing processes for precision medical device applications. No financial details were disclosed.
The acquisition expands the medical device capabilities of Tekni-Plex’s Healthcare division and broadens its global footprint in that market by adding a presence in Mexico. The deal also brings the company closer to its key customer base in Mexico and the Baja region, Tekni-Plex Healthcare CEO Chris Qualters said. The move is part of a strategy to expand the company’s patient care solutions platform.
Tekni-Plex employs 7,000 at operations in Belgium, Brazil, Canada, China, Colombia, Costa Rica, Germany, India, Italy, Mexico, Northern Ireland, and the US.
The acquisition expands the medical device capabilities of Tekni-Plex’s Healthcare division and broadens its global footprint in that market by adding a presence in Mexico. The deal also brings the company closer to its key customer base in Mexico and the Baja region, Tekni-Plex Healthcare CEO Chris Qualters said. The move is part of a strategy to expand the company’s patient care solutions platform.
Tekni-Plex employs 7,000 at operations in Belgium, Brazil, Canada, China, Colombia, Costa Rica, Germany, India, Italy, Mexico, Northern Ireland, and the US.
07.12.2021 Plasteurope.com [249131-0]
Published on 07.12.2021