Husky completes acquisition of closure maker KTW

Husky Injection Molding Systems Ltd. has completed its purchase of Waldhofen, Austria-based closure mold maker KTW Group. 

According to Bolton, Ont.-based Husky, it will now offer KTW-branded molds as part of fully integrated turnkey injection molding system for the closure industry, including mold, machine, hot runner, temperature controller, as well as a range of consulting and after-sales services.

“This acquisition allows us to more closely integrate KTW technologies into the industry’s most advanced closure molding systems,” said John Galt, Husky’s president and CEO, in a news release. “Being able to offer customers a complete solution that is optimized to work seamlessly means increased productivity, less waste and improved part quality.”

Husky had announced plans to buy the company in March 2011.