Tekni-Plex Completes Acquisition of Packaging Manufacturer Grupo Phoenix
Tekni-Plex has completed its acquisition of rigid packaging manufacturer Grupo Phoenix, putting the company in a stronger position to broaden its market-focused, customer-driven innovations, especially in food and beverage markets.
Grupo Phoenix provides both plastic and paper products to global brands in over 20 vertical markets, such as dairy, desserts, coffee, beverages, ice cream, soups, spreads, cosmetics and household cleaning.