TEKNI-PLEX
Takeover of Mexican extruder maker Johnson Plastic Group
The takeover of Johnson Plastic expands the US company’s medical device portfolio (Photo: PantherMedia/phasinphoto)
US packaging supplier Tekni-Plex (Wayne, Pennsylvania; www.tekniplex.com) said it has acquired Johnson Plastic Group (Mexicali / Mexico; www.johnsonextrusion.com), a manufacturer of custom, turnkey extrusion manufacturing processes for precision medical device applications. No financial details were disclosed.

The acquisition expands the medical device capabilities of Tekni-Plex’s Healthcare division and broadens its global footprint in that market by adding a presence in Mexico. The deal also brings the company closer to its key customer base in Mexico and the Baja region, Tekni-Plex Healthcare CEO Chris Qualters said. The move is part of a strategy to expand the company’s patient care solutions platform.

Tekni-Plex employs 7,000 at operations in Belgium, Brazil, Canada, China, Colombia, Costa Rica, Germany, India, Italy, Mexico, Northern Ireland, and the US.
07.12.2021 Plasteurope.com [249131-0]
Published on 07.12.2021

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