Tekni-Plex has purchased Italian healthcare packaging company Lameplast 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, LAmeplast is a manufacturer of plastic single/multi-dose containers for pharmaceutical, diagnostic, medical device, veterinary and cosmetic applications, with an emphasis on the ophthalmic, vaccine, vaginal and rectal.
Lameplast is the twelfth acquisition Tekni-Plex has made in the past five years, supporting its strategy to grow its business though transformative acquisitions and strategic add-ons.
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.
Paul Young, President and CEO of Tekni-Plex, said: “We continue to drive our strategy by growing our business organically and through mergers and acquisitions (M&A). We have specifically focused on expanding our healthcare packaging offerings, with M&A in product or technology adjacencies.”
Lameplast brings specific expertise in unit and multi-dose packaging to Tekni-Plex’s portfolio. They will now be able to offer a rigid packaging solution for prescription and over-the-counter medications and vaccines, in addition to flexible packaging options.
“These products are one more way we can provide value to healthcare and cosmetic companies around the world,”
The acquisition adds approximately 130 experienced employees to the more than 3,000-strong global Tekni-Plex team. Lameplast General Manager Luca Iulli will continue to oversee the operation.
The company’s quality management system is ISO 15378 and ISO 9001 certified.
Lameplast is also a CE-mark holder for Class I medical devices, which indicates compliance with applicable European Union (EU) regulations and enables the commercialisation of products in the 32 EU countries.
Production is carried out in ISO Class 7 and 8 controlled contamination environments according to ISO 14644-1.