Tekni-Plex has agreed to acquire Sancap Liner Technology, a manufacturer of cap and closure sealing materials to the global market, for undisclosed amount.
Sancap is a producer of heat-seal, pressure-sensitive and gasket-sealing liners for pharmaceutical and food applications.
Tekni-Plex expects the acquisition to expand heat-seal liner production capability.
Tekni-Plex general manager and senior vice-president David Andrulonis said: "Coupled with our existing strong technology base in foam liners, this will enable us to serve our global customers with an even broader product line."
Sancap also manufactures higher-barrier, Saran laminations and coated pouch/bag structures for food, liquor, confection and chemical applications.
Andrulonis added: "Sancap's 460,000ft2 also provides a footprint from which to increase future manufacturing capacity.
"This will enable Tekni-Plex to accommodate increasing global demand for our products."
Earlier, Tekni-Plex acquired India-based Ghiya Extrusions, a supplier of EPE foam closure liners in the domestic India and export markets, as well as assets of Tech-Seal, a manufacturer of closure liners and innerseals for food, pharmaceutical, cosmetic, and industrial applications.
Tekni-Plex said that the acquisition of Ghiya Extrusions complements its existing business in India and to growing its closure liner business globally.
In 2015, Tekni-Plex has developed a new laminated aluminium foil/foam barrier liner for roll-on pilfer proof (ROPP) wine closures.
When used as an alternative to tin/saran liners commonly used for ROPP wine applications, the new Tri-Vin liners by Tri-Seal support wine aging while preserving the aroma and taste of wines.
Image: Tekni-Plex expands heat-seal liner production capability with the acquisition of Sancap Liner Technology. Photo: courtesy of adamr/ FreeDigitalPhotos.net.
