“With its state-of-the-art research and development, product engineering capabilities and extensive, well invested mono, co-extrusion and printing facilities, Accutech is an acknowledged product innovator of high value-added customized and protective packaging,” says Norbert McDermott, CEO of Clondalkin Group. “Over the past 10 years the company has successfully developed its product range through strong technology based differentiation and innovative film use. From its modern production facilities in Ohio it is well placed to deliver superior and prompt customer service throughout the Midwest and beyond.”
The acquisition further expands Clondalkin’s presence in the North American flexible packaging sector. Accutech will augment Clondalkin’s plastic packaging businesses that include Fortune Plastics which has several production facilities in Connecticut, Tennessee, Illinois, Florida and Arizona – as well as Toronto-based Direct Plastics acquired in June 2007.
“Between our North American and European plastic packaging operations, we now operate 10 dedicated plants supplying high barrier, multilayer, printed and biodegradable plastic films to specialist applications in the industrial, food, beverage, retail, medical and agricultural and horticultural markets,” says McDermott . “Accutech represents a significant expansion for us in these segments.”
Clondalkin Group, headquartered in Ireland, has more than 40 production locations throughout Europe and North America and annual sales in excess of $1.2 billion.