Deal Details: Global plastics company Technimark, which is backed by Pritzker Private Capital, has acquired Longford based Tool & Plastics Industries Ltd. The financial terms of the transaction were not disclosed.
Tool & Plastics Industries Ltd specialises in manufacturing injection moulded product for the medical devices and pharmaceutical sector.
The company operates from a number of ISO Class 8 Cleanroom environments in its facility in Ireland and from an IATF 16949 compliant facility in the Czech Republic.
Technimark is a leading global provider of custom rigid plastic packaging and components. Family-founded and led for more than 30 years, it has facilities in the United Kingdom, United States, Mexico, China and Germany.
The combined company will have 13 facilities and over 4,400 employees worldwide.
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors.