American Securities
English
  • English
  • 美安盛
    • Back
    • 美安盛
    • 投资理念
  • 合作伙伴
    • Back
    • 合作伙伴
    • 概观
    • 故事
  • 投资公司
  • 案例分析
  • 团队
    • Back
    • 我们的团队
    • Extended Network
  • Citizenship
    • Back
    • Citizenship
    • Environmental, Social & Governance
    • Diversity, Equity & Inclusion
    • Giving Back
  • 新闻
    • Back
    • Press Releases
    • Articles
    • Videos
back to news

October 17, 2017

American Securities Announces Sale of Tekni-Plex

American Securities LLC, a leading private equity firm, today announced that it has sold Tekni-Plex, Inc. (“Tekni-Plex” or the “Company”) to affiliates of Genstar Capital. Financial terms of the transaction were not disclosed.

Tekni-Plex is one of the world's leading manufacturers of innovative, high quality packaging and tubing materials for products used every day by millions of consumers around the globe. The Company operates manufacturing sites in eight countries across North America, Europe, Latin America, and Asia. Tekni-Plex supplies leading international customers in healthcare, food, and specialty packaging markets with the components they require to safely and reliably protect and deliver their products globally.

“We are very proud of our reputation for safety, reliability, consistency, and quality, and of the strategic relationships we have built with our global customer base,” said Paul Young, Chief Executive Officer of Tekni-Plex. “During our nearly four year partnership with American Securities, they have been a valuable resource in helping us build our capabilities and execute accretive acquisitions.”

“We have been thrilled to support Paul and the talented Tekni-Plex team in growing the Company’s capabilities, including expansion of Tekni-Plex’s business in China, and its human capital,” commented David Horing, a Managing Director of American Securities. “Paul and the Tekni-Plex team have driven both commercial and operational excellence throughout our partnership.”

Weil, Gotshal & Manges LLP acted as legal advisor, and Credit Suisse and Evercore acted as financial advisors to Tekni-Plex.

American Securities
  • 投资人登陆
  • 联系我们
  • 网站索引
  • 使用条款
  • Sfdr
© 2023 American Securities. All Rights Reserved. a FINE site.
Close Modal