The acquisition of H.S. Crocker will enable TC Transcontinental to enhance its capabilities in the lidding and labels markets
Flexible packaging company TC Transcontinental has acquired US-based lids and labels manufacturer H.S. Crocker for an undisclosed sum.
H.S. Crocker is involved in the manufacturing of die-cut lids for the food industry, as well as labels for the pharmaceutical industry.
With around 150 employees, H.S. Crocker has two facilities in Huntley and Illinois and Exton of Pennsylvania.
The company, which primarily serves North American customers, has reported consolidated sales of $50m for the 12 months ended on 31 July this year.
H.S. Crocker chairman and CEO Ron Giordano said: “Our unwavering focus on quality and solid expertise will reinforce TC Transcontinental Packaging’s presence in the lidding and label industries.
“I would like to take this opportunity to personally thank all of our loyal H.S. Crocker employees for their dedication and hard work over the years.”
The acquisition of H.S. Crocker will enable TC Transcontinental to enhance its capabilities in the lidding and labels markets.
TC Transcontinental stated that H.S. Crocker is the company’s ninth flexible packaging acquisition since entering the industry in 2014.
TC Transcontinental Packaging president Thomas Morin said: “The integration of H.S. Crocker’s Huntley facility to our platform will broaden our packaging solutions portfolio, especially in the dairy, coffee lids as well as shelf stable and chilled desserts markets, and provide significant cross-selling opportunities with our respective customers.
“As for the Exton plant, it will allow us to expand our pharmaceutical and medical expertise in the advanced coatings product offering through the addition of value-added and specialized labels, while increasing our market share in the healthcare industry.”
In September this year, TC Transcontinental Packaging opened a new ASTRA Centre for packaging research and development (R&D) and innovation in Wisconsin, US.
TC Transcontinental Packaging offers flexible packaging and advanced coatings to its customers.
With around 3,900 employees, the company carries out operations in the US, Canada, Guatemala, Mexico, Ecuador, the UK, New Zealand and China.
The company’s platform consists of one premedia studio and 28 production plants with expertise in recycling, extrusion, lamination, printing, coating and converting.