Tekni-Plex, Inc. has acquired Beyers Plastics, Puurs, Belgium, a cleanroom Class 7 extruder and converter of polyethylene film, from investment company FAMO N.V.
Beyers will now become part of Tekni-Plex’s Tekni-Films business unit. It specializes in producing PE packaging for pharmaceutical, medical and other industries such as food, aerospace, solar energy, semi-conductor and chemicals.
“The acquisition of Beyers Plastics allows us to expand our portfolio of cleanroom-produced pharmaceutical and medical flexible packaging products. For the first time, we will have bag converting capability, as well as PE blown film extrusion,” said Joe Horn, senior vice president and general manager, global, Tekni-Films. “The acquisition supports our goal of expanding our offerings in the pharmaceutical and healthcare space.”
“We look forward to becoming part of Tekni-Plex’s global healthcare packaging presence. Our combined expertise and manufacturing capability will provide packaging solutions for more companies, as well as grow sales for our combined product lines,” said Johan Noelmans, general manager, Beyers Plastics.
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The Beyers Plastics purchase is the tenth acquisition Tekni-Plex has made in the past four years, supporting its strategy to grow its business though transformative acquisitions and strategic add ons. Tekni-Plex has a solid track record of successful business integrations, having acquired companies with innovative plastic and rubber products to further drive growth.
Date: November 12, 2018
Source: TekniPlex
