Tekni-Plex is buying three Amcor manufacturing facilities

Packaging and tubing supplier Tekni-Plex Inc. has is acquiring three U.S. manufacturing facilities from Amcor’s flexible packaging business unit.

The terms of the deal have not been disclosed.

The facilities – located in Madison and Milwaukee, Wis., and Ashland, Mass. – will 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,” said Paul Young, Tekni-Plex’s president and CEO.  “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.”

Combined, the three plants employ approximately 150 workers. “We are happy to welcome them to the Tekni team of 3,000 strong across the world,” Young said.

The Amcor manufacturing facilities purchase is the eleventh acquisition Tekni-Plex has made in the past five years, supporting what the company calls its strategy to grow its business “though transformative acquisitions and strategic add-ons.”

The closing of the acquisition is conditioned upon the closing of the upcoming merger between Amcor and packaging supplier Bemis Co. Inc.

Headquartered in Wayne, Pa., Tekni-Plex supplies products for such end markets as medical, pharmaceutical, food, beverage, personal care, household and industrial.