Transilwrap Buys Dow Chemical’s Specialty Films Business
Franklin Park, Illinois-based Transilwrap made its fifth acquisition in nine years when it bought the specialty films business of Dow Chemical Co. for an undisclosed price.
The deal includes production plants in Hebron, Ohio, and Drusenheim, France. The business makes films based on polyethylene, polypropylene and polystyrene for numerous packaging applications, such as beverage closer liners, window envelope films, labels and protective fabrics. Transilwraps annual sales are estimated at $260 million.
For more information, visit www.transilwrap.com.