CCC buys Canadian container maker Plastique Micron
Through its Altium Packaging Canada subsidiary, CCC has bought Plastique Micron and its affiliates IMBC Blowmolding 2014 and Action Plastic Products.
Altium Packaging Canada, a subsidiary of U.S.-based blow molder Consolidated Container Company (CCC), has acquired Canadian firms Plastique Micron Inc. (PMI) and its affiliates, IMBC Blowmolding 2014 and Action Plastic Products for an undisclosed amount.
Founded in 1970, PMI manufactures plastic containers, and has three plants: in Anjou and Orangeville, Ont., and in Sainte-Claire, Bellechasse, Que.
The company employs approximately 200 workers, and serves domestic and multinational food, industrial chemical and cosmetics customers.
In a statement, Atlanta, Ga.-based CCC said that all three locations will be integrated with the existing Altium Packaging Canada plants. Altium makes the Semopac, Deltapac, Humberline Packaging, and Polybottle brands.
“This acquisition is the next step in executing our vision of becoming a differentiated packaging solutions provider,” Sean Fallmann, president and CEO of CCC, said in the statement. “The acquisition of PMI allows us to further broaden our portfolio in the specialized pharmaceutical, health and nutraceuticals markets while expanding our footprint in Canada.”
PMI CEO Bernard Poitras said the acquisition “comes at the perfect time and will result in a new phase of expansion for Plastique Micron.”