UFP Technologies Acquires Universal Plastics & Engineering (UNIPEC) and Techno Plastics Industries (TPI)

July 29, 2025

UFP Technologies, Inc. (Nasdaq: UFPT) acquired Universal Plastics & Engineering Company, Inc. (UNIPEC) of Rockville, Maryland, and Techno Plastics Industries, Inc. (TPI) of Añasco, Puerto Rico to expand its film and thermoplastic molding capabilities for the medical device market. UNIPEC (≈$5M revenue, $2M EBITDA) and TPI (≈$10M revenue, $1M EBITDA) will bolster UFP's thin-film and injection-molding capacity for implantable and other high-barrier medical applications; the deals were financed with cash and borrowings under UFP's credit facility.

Buyers
UFP Technologies, Inc.
Targets
Universal Plastics & Engineering Company, Inc. (UNIPEC), Techno Plastics Industries, Inc. (TPI)
Sellers
UNIPEC shareholders (Brandt Berghers and family)
Industry
Medical Devices
Location
Maryland, United States
Transaction Type
Buyout

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