TEKNI‐PLEX COMPLETES THE ACQUISITION OF GALLAZZI’S ITALIAN PHARMA BLISTER FILM AND ADHESIVE TAPE SUBSTRATE FILM BUSINESSES
Erembodegem, Belgium, May 01, 2015 ‐ Tekni‐Plex Europe NV is announcing today that the acquisition of Gallazzi’s Italian‐based pharmaceutical blister film (Tradate, Varese, Lombardia) and adhesive tape substrate film (Gallarate, Varese, Lombardia) businesses has been completed effective today.
Tekni‐Plex will continue to operate the acquired businesses using the same plants, equipment, formulations, procedures and certifications with no change to the products produced for customers. Tekni‐Plex will operate the acquired businesses through its subsidiary, Tekni‐Plex Gallazzi Srl.
About Tekni‐Plex Gallazzi, S.r.l. Tekni‐Plex Gallazzi S.r.l. is known for the production of high quality PVC films and PVDC‐coated barrier films for a wide variety of applications including pharmaceuticals, food packaging and other products, as well as thin gauge PVC film for adhesive tape applications.
About Tekni‐Plex, Inc. Tekni‐Plex, Inc. is a global manufacturer of technically‐sophisticated products and components engineered to meet critical customer needs in niche applications. The company operates in three segments: healthcare, specialty packaging and food packaging. Tekni‐Plex’s primary products include closure liners, medical tubing, high‐ barrier pharmaceutical films, medical compounds, dispensing components and thermoformed containers. The company is headquartered in Wayne, PA and operates 30 manufacturing facilities across nine countries worldwide to meet the needs of its global customers. For more information, visit www.tekni‐plex.com.