ATLANTA–(BUSINESS WIRE)–Altium Packaging Canada, a subsidiary of Consolidated Container Company (Altium Packaging), today announced that it has acquired Plastique Micron (PMI) and its affiliates, IMBC Blowmolding 2014 and Action Plastic Products, a leading specialty packaging manufacturer.
Plastique Micron is one of the largest manufacturers of plastic containers in eastern Canada. PMI has three plants strategically located in Quebec and Ontario, (Anjou, Orangeville and Sainte-Claire, Bellechasse in Québec). The company’s operations include more than 200 employees that provide quality products and services to PMI’s domestic and multinational customers across the pharmaceutical, nutraceuticals, healthcare, food, industrial chemical, and cosmetics industries. All three locations will be integrated with the existing Altium Packaging Canada plants to strengthen Altium Packaging’s Canadian product offering and manufacturing platform.
Altium Packaging has invested in Canada over the past year and continues to seek opportunities to grow Altium Packaging across the country. Sean Fallmann, President and CEO of Altium Packaging, stated, “This acquisition is the next step in executing our vision of becoming a differentiated packaging solutions provider. The acquisition of PMI allows us to further broaden our portfolio in the specialized pharmaceutical, health and nutraceuticals markets while expanding our footprint in Canada. We are excited to have the team at PMI join our Altium Packaging team in Canada.”
“The shareholders and management of PMI welcome and support the partnership with Consolidated Container Company as it comes at the perfect time and will result in a new phase of expansion for Plastique Micron,” stated Bernard Poitras, CEO of PMI. “Altium Packaging believes fully in the value that PMI provides our customers and will continue to invest in the people and operations at the PMI plants to ensure the long-term competitiveness and viability of the business.”