Tekni-Plex buys Brazilian closure maker and Italian healthcare packaging firm

US processor for the medical sector Tekni-Plex has purchased Brazilian closure liner manufacturer Geraldiscos, which will become part of Tekni-Plex’s Tri-Seal business.

Headquartered in Santana de Parnaiba, a suburb of São Paulo and set up in 1964,, Geraldiscos is known for manufacturing innovative closure liners and induction seals for a wide variety of container types including PP, PE, HDPE, PVC, PET and glass. Closure solutions are provided for market segments such as food, beverage, personal care, healthcare, agriculture, chemical and others. Geraldiscos is also known for its sustainable manufacturing practices including use of recycled-content materials.

Geraldiscos is the 13th acquisition Tekni-Plex has made in the past five years, supporting its strategy to grow its business though transformative acquisitions and strategic add-ons.

Early in July, Tekni-Plex also purchased Italian healthcare packaging company Lameplast SpA from Milan-based private equity firm Aksìa Group. Lameplast will become part of Tekni-Plex’s global Tekni-Films business.

Headquartered in Rovereto sul Secchia near Modena, the company manufactures plastic single/multi-dose containers for pharmaceutical, diagnostic, medical device, veterinary and cosmetic applications, with an emphasis on ophthalmic, vaccine, vaginal and rectal applications. Lameplast is also known for its injection moulding, blow moulding and injection blow moulding expertise which enables it to produce custom packaging solutions for demanding applications.