Breaking News

Transilwrapís managers acquire its assets

July 20, 2005

Transilwrap’s managers acquire its assets
Transilwrap Company Inc., a 73 year old manufacturer of coated plastic films based in Franklin Park, IL, USA, has been acquired by its management. Headed by President Mark Stevens, the nine-member management group purchased the company from the founding families of Sabra Minkus and Herb Drower with financing provided by its senior lender.
“We felt strongly that we needed to execute a succession plan that did not disrupt the cultural continuity of the company,” says Drower, the former president. “This arrangement provided for the ideal transition of the company to the next generation.” He and Minkus remain employees and directors of the company.
The entire Transilwrap business in the United States and its Canadian subsidiary is included in the ownership change. The company has three business groups: TransKote, which produces extrusion coated laminating films for books, graphic enhancement, digital finishing and security ID; Print, providing plastics and synthetics for litho screen, flexo and digital printing; and Films, for packaging, industrial and medical markets.

blog comments powered by Disqus
  • EskoWorld 2016 provides drupa report

    Greg Hrinya, Associate Editor||September 22, 2016
    ‚ÄúDigital was a very clear and striving theme across drupa, and more specifically inkjet,‚ÄĚ said Jan de Roeck

  • Dollars and sense at Labelexpo

    Dollars and sense at Labelexpo

    Steve Katz, Editor||September 20, 2016
    Suppliers seem aware of the crowded digital press marketplace and the trepidation of the cost-concious first time buyer.

  • Labelexpo Americas 2016 Program Preview

    Labelexpo Americas 2016 Program Preview

    Steve Katz, Editor||September 6, 2016
    In addition to 16 different presentations and panels, linerless labels and digital finishing will be areas of focus.

  • Getting Educated at Labelexpo

    Getting Educated at Labelexpo

    Steve Katz, Editor||September 7, 2016
    With a wide range of presentations, expert-led master classes and machinery demonstrations, there is no shortage of learning

  • Drupa 2016 a ‚Äėresounding success‚Äô

    Drupa 2016 a ‚Äėresounding success‚Äô

    Steve Katz, Editor||July 15, 2016
    The label industry was well-represented as visitors showed strong interest in the latest printing technologies.

  • Promotional Labels

    Promotional Labels

    Greg Hrinya, Associate Editor||July 15, 2016
    This ‚Äėlouder‚Äô label announces new products, pricing, discounts, giveaways and more.