The team advising Tekni-Plex was led by private equity partner Elizabeth Gallucci (San Francisco), private equity associates Anna Park (New York), Claire Wolter (Boston) and Andrew Flynn (San Francisco), tax partner Ben Rogers (San Francisco), private equity counsel Amy Olson (San Francisco), real estate partner Peter Alpert (Boston), employment, executive compensation and employee benefits partners Jennifer Rikoski (Boston) and Doug Brayley (Boston), life sciences regulatory & compliance partner Al Cacozza (Washington, D.C.) and leveraged finance partner Michael Lee (Boston). Listen now (38 min) Brought you by my friends at. The Company offers packaging materials, medical compounds, and precision-crafted medical tubing solutions. Tekni-Plex is a globally-integrated company focused on developing and manufacturing products for a wide variety of end markets, including medical, pharmaceutical, food, beverage, personal care, household and industrial. The transaction was announced in a press release. 149 - A packaging CEO Discusses Leading During a Pandemic - Eldon Schaffer from Tekni-Plex. manufactures packaging and containers products. Grupo Phoenix manufactures rigid packaging and specializes in innovative and sustainable custom packaging solutions with capabilities in the United States, Colombia and Mexico and customers in over 30 countries. Plus, proceeds from each purchase helps support our mission of bringing reliable information and resources to the people of Chester County.A Ropes & Gray team advised Tekni-Plex in its agreement to acquire Grupo Phoenix. We got shirts, hats, and more – all with a unique ChesCo flair. Thanks for visiting! Looking for some Chester County pride? We got you covered! Shop our M圜hesCo store and show your love for Chester County, Pennsylvania. Home Prices Soften as Buyers Gain Negotiating Power in Tight Housing Inventoryįor the latest news on everything happening in Chester County and the surrounding area, be sure to follow M圜hesCo on Google News.Triumph and Airbus Extend Proprietary Parts Partnership Supporting Asia-Pacific and China Tekni-Plex consumer products CEO Eldon Schaffer said: This acquisition plays to the strengths of Dolco, Tri-Seal and Action Technologies business units by expanding the range of solutions we offer our customers, using a broader range of materials for sustainability and approaching challenges with a consumer-driven mindset.Raises $40M in Funding from Primus Capital Boomi Named Company of the Year by Stevie Awards.Innovative Solutions and Support, Inc.Uniting under the TekniPlex Consumer Products division are legacy businesses Dolco, TriSeal, Action Technology, MMC Packaging Equipment, Grupo Phoenix, M-Industries, Geraldiscos, Keyes and Fibro. Uniting under the TekniPlex Healthcare division brand are legacy business units Colorite, Natvar, Dunn, JPG, TekniPlex Flexibles, TekniFilms, TekniPlex Europe, TekniPlex Gallazzi, Beyers Plastics, Lameplast and LF of America, previously known as “Medical” and “Healthcare Packaging”. Jones Day advised Tekni-Plex, Inc., a portfolio company of Genstar Capital, in its acquisition of Johnson Plastic Group, a precision extrusion manufacturer. The transition to a more uniform market presence will take place over time. Previous business unit brand names will no longer be used in market-facing environments. Tekni-Plex is a technically diverse global business that develops and manufactures market-leading solutions for Medical, Pharmaceutical, Food and Specialty. The updated brand structure unites all business units under two divisions - Healthcare and Consumer Products. “We will also be able to more thoroughly leverage the synergies between our businesses, and solidify our position as a leading materials science solutions partner to many of the world’s largest brands.” “By consolidating all brands under the TekniPlex name, we will be able to better service our customers by providing them greater visibility into the full-breadth of our capabilities and offerings,” said Brenda Chamulak, President & CEO of TekniPlex. The rebrand is the next market-facing step in this evolution. This growth culminated in a recent reorganization of its lines of business into two primary divisions: TekniPlex Healthcare and TekniPlex Consumer Products. With 15 acquisitions in the last five years, the company has effectively doubled in size. The global effort comes as TekniPlex is in the midst of unprecedented growth.
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