Canadian General-Tower acquired AlkorDraka Industries and Alkor Medical Tubing.

Canadian General-Tower, a supplier of coated fabric and film products, acquired AlkorDraka Industries and Alkor Medical Tubing, two French plastic film makers. Financial terms were not disclosed. “This new development is an important strategic opportunity and comes with great excitement for the future of CGT as we continue to fulfill our global growth endeavors,” CGT CEO Craig Richardson said. “The initial reaction we have received from our stakeholders has been extremely positive as CGT moves toward investing both personnel and capital into the European markets to grow these newly acquired businesses.”