IPL, a North American leader in products and plastic injection molded solutions in the food and industrial sectors, to acquire Macro Plastics, manufacturer of rigid plastic bulk bins, for $150m (£117m). “This transformational acquisition gives us our first significant presence on the west coast of America, providing us with a leading position in a number of growing market segments. The acquisition also expands our geographic reach, product portfolio and customer base across the growing North and South-American markets.“ Luis de Jesus, IPL President and CEO.