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.