M&A Deal Summary

Tekni-Plex Acquires Alfatherm - Adhesive Tape Substrate Business

On August 2, 2017, Tekni-Plex acquired manufacturer Alfatherm - Adhesive Tape Substrate Business from Alfatherm

Acquisition Highlights
  • This is Tekni-Plex’s 1st transaction in the Manufacturing sector.
  • This is Tekni-Plex’s 1st transaction in Italy.

M&A Deal Summary

Date 2017-08-02
Target Alfatherm - Adhesive Tape Substrate Business
Sector Manufacturing
Buyer(s) Tekni-Plex
Sellers(s) Alfatherm
Deal Type Divestiture

Target

Alfatherm - Adhesive Tape Substrate Business

Venegono Superiore, Italy
Alfatherm S.p.A. - Adhesive Tape Substrate Business provides self-adhesive tapes for a wide variety of packaging applications.

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Buyer(S) 1

Buyer

Tekni-Plex

Wayne, Pennsylvania, United States

Category Company
Founded 1967
Sector Packaging
Revenue 655M USD (2012)
DESCRIPTION

Tekni-Plex is a globally-integrated company focused on developing and manufacturing innovative packaging materials, medical compounds and precision-crafted medical tubing solutions for some of the most well-known names in the medical, pharmaceutical, personal care, household and industrial, and food and beverage industries. Tekni-Plex was founded in 1967 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 4 of 13
Sector: Manufacturing M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: Italy M&A 1 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-22 BrunaSeals

Doral, Florida, United States

BrunaSeals is a producer of induction seals and foam closure liners for beverage, cosmetics, pharma and household and industrial chemical products. BrunaSeals was founded in is based in Doral, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-04 Dunn Industries

Manchester, New Hampshire, United States

Dunn Industries, Inc. is a manufacturer of specialty extrusion tubing for medical device applications. Dunn Industries is based in Manchester, New Hampshire.

Buy -

Seller(S) 1

SELLER

Alfatherm

Gorla Minore, Italy

Category Company
Founded 1963
Sector Manufacturing
Revenue 100M EUR (2015)
DESCRIPTION

Alfatherm is a producer of PVC film and sheets. It offers rigid, flexible, stretched, semi rigid, plasticized, expanded, and flocked film. Alfatherm was founded in 1963 and is based in Gorla Minore, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2017 M&A 1 of 1