Tekni-Plex Acquires Assets and Technologies of Fibro Corporation
January 19, 2022
Tekni-Plex has acquired the assets and licensed technologies of Fibro Corporation, a Tacoma, Washington-based molded-fiber packaging developer, and folded the resources into its Dolco Packaging business. The acquisition expands Tekni-Plex's pulp-based and sustainable packaging capabilities for fresh food applications, enabling broader product offerings beyond egg cartons and meat trays.
- Buyers
- Tekni-Plex
- Targets
- Fibro Corporation
- Industry
- Manufacturing
- Location
- Washington, United States
- Transaction Type
- Buyout
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