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NEWS


Tekni-Plex makes three film-related takeovers


Tekni-Plex has acquired three film-related compa- nies – based in the USA, Brazil and Italy – in little under a month. Most recently, it bought


Brazilian closure liner manufacturer Geraldiscos. The company, based in Sao Paulo, makes closure liners and induction seals for a wide variety of container types. It employs 140 people. “Geraldiscos allows us to


expand our geographic footprint into South America to support the large Brazilian closure market and our multinational customers,” said Paul Young, president and CEO of Tekni-Plex. This is the thirteenth acquisition that Tekni-Plex has made in the last five years. Earlier in July, the company bought Italian healthcare packaging company Lameplast from Milan-based private equity


SML moves to new HQ facility


Extrusion specialist SML has moved into its new headquarters, near Redlham in upper Austria. The new site has a


Brazilian closure liner manufacturer Geraldiscos is the latest acquisition by Tekni-Plex


firm Aksia Group. “It has specific expertise in unit and multi-dose packaging that was not part of our portfolio previously,” said Young. “We will now be able to offer a rigid packag- ing solution for prescription and over-the-counter medications and vaccines, in addition to our Tekni-Films flexible packaging options.” In June, Tekni-Plex bought three manufacturing


facilities from Amcor’s flexible packaging business. The three US-based plants make a broad range of sterilisable medical device packaging substrates, including coated film, medical grade laminates and die-cut lids and labels. In all, the three acquisi- tions add more than 400 employees to the 3,000 already at Tekni-Plex. � www.tekni-plex.com


floor area of 42,000 sq m – much of which is for production of plastics processing machinery. All its business units have moved here. Around 3,000 sq m of the site is taken up with a Technology Centre, which hosts R&D activi- ties. It is running ready- for-sale demonstration lines, both for internal trials and for joint R&D projects with customers. With partners, SML is using the lines to test new raw materials, improve the properties of end products, optimise manufacturing processes and work on new products. � www.sml.at


Reifenhäuser invests in flat die production


Reifenhäuser has begun building a new production and assembly hall at its Troisdorf headquarters, to expand flat die production. The company will invest nearly €7 million (US$8m) in the new building and its equipment – which should be completed by early 2020 – and another €10m (US$11m) on production machines and intelligent processes over the next five years. “From 2020, we will be producing 300 flat dies for plastic


extrusion in the new production hall every year,” said Uwe Gaedike, managing director of Reifenhäuser Extrusion Systems, a new business unit that supplies extrusion components. This expansion continues Reifenhäuser’s strategy of develop- ing and manufacturing core components in-house. “We consistently align the new flat die production with Industry


Reifenhäuser has broken ground on its new building, which is scheduled for completion in early 2020


www.filmandsheet.com


4.0, state-of-the-art machine technologies,” said Gaedike. � www.reifenhauser.com


July/August 2019 | FILM & SHEET EXTRUSION 5


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