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Announced

Completed

Tekni-Plex completed the acquisition of Johnson Plastic Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private

Cross Border

precision extrusion

Friendly

Single Bidder

Machinery: Industrial

Acquisition

Majority

Mexico

Synopsis

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Tekni-Plex, a material science and manufacturing technologies provider, completed the acquisition of Johnson Plastic Group, an extrusion engineering company. Financial terms were not disclsoed. “This acquisition makes total sense for us and improves our ability to service our customers. It builds upon our existing solutions capabilities and increases our geographic reach, bringing us close to our key customer base in Mexico and the Baja region. It also allows us to leverage JPG’s expertise across our entire global customer base and healthcare end markets,” Chris Qualters, Tekni-Plex Healthcare CEO.

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