Tekni-Plex's plan to acquire Gallazzi's pharma blister film, adhesive tape substrate film businesses has been approved
Tekni-Plex Europe NV (tekni-plex.com) is announcing that its plan to acquire Gallazzi's Italian-based pharmaceutical blister film (Tradate, Varese, Lombardia) and adhesive tape substrate film (Gallarate, Varese, Lombardia) businesses has been approved by the Italian authorities supervising the sale.
The acquisition is expected to close in the second quarter of 2015. Gallazzi's Minerbio, Italy and Saint-Maur-des-Fosses, France locations are not part of the sale.