Sector News

Tekni-Plex acquires packaging producer Commodore Plastics

May 4, 2018
Food & Drink

Tekni-Plex has acquired both packaging manufacturer Commodore Plastics and Commodore Technology, which will now operate under Tekni-Plex’s subsidiary Dolco.

Commodore Plastics is known for its range of traditional and custom polystyrene foam trays, padded food trays, as well as supermarket and industrial trays.

Meanwhile Commodore Technology manufactures polystyrene foam extrusion systems, dies, thermoformers, trim systems and other moulds and equipment to support its sister company’s production requirements. Both businesses are based in Bloomfield, New York.

Tekni-Plex described Dolco as “the largest producer of foam egg carton trays in the US”. It also produces polystyrene trays for food processing, making the acquisition complementary to Dolco’s existing portfolio.

Paul J. Young, CEO of Tekni-Plex, said: “Tekni-Plex already has significant tray manufacturing capability via its Dolco business unit. The acquisition will allow us to benefit from Commodore’s extruder and thermoforming equipment technology, as well as increase our manufacturing footprint. That puts us in a position to provide even more solutions to our customers.”

The Commodore purchase is the eighth acquisition Tekni-Plex has made in the past four years. Last year it bought Florida-based BrunaSeals, which makes induction seals and foam closure liners for beverage products, among other applications.

Source: FoodBev

comments closed

Related News

May 15, 2022

Blurred lines: Vitafoods Europe 2022 review

Food & Drink

Upon FoodBev Media’s return from Vitafoods 2022 – which took place from 10-12 May in Geneva, Switzerland – the team reflects on the event’s aim to bring together international nutraceutical suppliers and experts from across the globe.

May 15, 2022

Crunch time: Mondelēz to dump chewing gum to take bigger bite of chocolate and biscuits markets

Food & Drink

Following a strategic review last year, Mondelēz International is planning to sell its developed chewing gum business, which includes brands Trident and Dentyne. This is in addition to offloading its Halls cough drop brand, as the food giant focuses on generating 90% of revenue in its chocolates and biscuits businesses, including baked snacks.

May 15, 2022

Givaudan strengthens natural preservation portfolio with nitrite alternative for processed meat

Food & Drink

Givaudan has unveiled NaNino+, a patent-pending combination of plant-based ingredients and natural flavorings that can replace nitrite in processed meat. Designed with natural ingredients, it provides a lasting multi-sensorial food experience with a good taste, color and freshness.