TemperPack Acquires KTM Industries, Inc.
September 6, 2022
TemperPack Technologies, Inc. has completed the acquisition of KTM Industries, Inc., the maker of Green Cell Foam, a starch-based insulation material for perishable food and life science shipments. The deal expands TemperPack’s sustainable cold-chain product offering and market coverage; the combined company will operate across four U.S. locations and employ over 700 people.
- Buyers
- TemperPack Technologies, Inc.
- Targets
- KTM Industries, Inc.
- Industry
- Packaging
- Location
- Michigan, United States
- Transaction Type
- Buyout
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