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Ipackchem Acquires Tpg Plastics Llc To Bring Its Barrier Packaging To North America

Oct 05, 2022•about 3 years ago

Acquiring Company

IPACKCHEM

Acquired Company

TPG Plastics

ParisManufacturing

Description

Today, IPACKCHEM Group (“IPACKCHEM”) announced it has acquired a majority stake in TPG Plastics LLC (“TPG”), a leading manufacturer of engineered plastic blow molded products, to bring IPACKCHEM’s Advanced In-Mold Fluorination technology (“Advanced IMF”) to North America, with an initial focus on the crop protection market for the 2023-24 growing season.

Company Information

Company

IPACKCHEM

Location

Paris, Ile De France, France

About

Ipackchem Group SAS is an international leader in the design and manufacturing of innovative, high-performance rigid plastic barrier packaging products (containers, bottles, jerrycans) with uncompromising quality and service. It provides sustainable, secure & safe UN-certified packaging solutions technology for the transport of life-enhancing chemicals. As a Platinum EcoVadis company, Ipackchem produces barrier packaging that is 100% recyclable and can contain up to 50% post-consumer recycled polymer.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed