Loews-backed Altium Packaging completed the acquisition of Andersen Plastics and Plastic Industries from Behrman Capital.

Loews-backed Altium Packaging, a provider of customer-centric packaging solutions, completed the acquisition of Andersen Plastics, and Plastic Industries, a blow molding manufacturer, from Behrman Capital, a private equity firm. Financial terms were not disclosed. With these strategic acquisitions, Altium Packaging builds upon its existing footprint of manufacturing facilities across North America and the hundreds of products we currently offer in the areas of pharmaceutical, dairy, household chemicals, food/nutraceuticals, industrial/specialty chemicals, water, and beverage/juice segments and more. They are very excited about the continued growth and are committed to meeting customers’ needs and ensuring the highest standards of satisfaction.