ON OCTOBER 16, 2009, TEKNI-PLEX EUROPE NV, EREMBODEGEM, BELGIUM ACQUIRED SUBSTANTIALLY ALL THE ASSETS OF TOP-SEALS DICHTUNGSEINLAGEN GmbH, GRONAU (Leine) GERMANY TO STRENGHTEN THE POSITION OF ITS TRI-SEAL® GASKET & LINER BUSINESS. THE ACQUIRED COMPANY WILL OPERATE UNDER THE NAME TOP-SEALS GmbH.
Top-Seals Dichtungseinlagen GmbH is a well known producer of liners and gaskets for the closure industry. The company has been operating for twenty years and has established a solid reputation for providing excellent customer value through its products and associated services.
Tekni-Plex Europe NV, Belgium is a division of Tekni-Plex Inc., USA. The European business unit with companies in Belgium, Italy and Belfast is supplier to the packaging, pharmaceutical and medical device industries and is trading under the names Action Technology, Tri-Seal®, Natvar®, Tekni-Films and Colorite®.
Luc Vercruyssen, Managing Director of Tekni-Plex Europe N.V. states: “Joining the forces between Tekni-Plex Europe NV and Top-Seals GmbH will strengthen our position as a global, top class supplier of liners and gaskets to the packaging industry. We expect to enhance our potential business development through linking the manufacturing technology of Top-Seals with the present Tri-Seal® capabilities. We believe that the synergy between the two companies will have positive effects for growing the combined business based on reliable, high quality manufacturing, technological innovative products and a focus on customer service and solutions. Through the world-wide organization of Tekni-Plex Inc, we will bring these offerings not only to our European customers but also to customers around the globe.”
Paul Young, CEO of Tekni-Plex Inc. states: “We have long admired the Top-Seals business and are happy to add to our portfolio of European businesses.”