M&A Deal Summary

Tekni-Plex Acquires Fibro

On January 19, 2022, Tekni-Plex acquired packaging company Fibro

Acquisition Highlights
  • This is Tekni-Plex’s 10th transaction in the Packaging sector.
  • This is Tekni-Plex’s 7th transaction in the United States.
  • This is Tekni-Plex’s 2nd transaction in Washington.

M&A Deal Summary
Date 2022-01-19
Target Fibro
Sector Packaging
Buyer(s) Tekni-Plex
Deal Type Add-on Acquisition

Target

Fibro

Tacoma, Washington, United States
Fibro is a Washington-based company that develops and manufactures innovative molded-fiber packaging and fiber-molding machinery. Fibro is based in Tacoma, Washington.

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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 13 of 13
Sector (Packaging) 10 of 10
Type (Add-on Acquisition) 11 of 11
State (Washington) 2 of 2
Country (United States) 7 of 7
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 Johnson Plastic Group

Mexicali, Mexico

Johnson Plastic Group specializes in precision extrusions for medical device applications. Johnson Plastic provides complete extrusion solutions into a variety of medical device applications for interventional and therapeutic procedures. Johnson Plastic Group is based in Mexicali, Mexico.

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