With two manufacturing facilities in Denver, Colorado, Intertech will enable TriMas to extend its product portfolio and potential for applications in the medical end market
Intertech offers complex and precision injection moulded components for products used in medical applications. (Credit: vipra gen from Pixabay)
TriMas, a provider of products for consumer, aerospace and industrial markets, has acquired US-based Intertech Plastics for an undisclosed sum.
Established in 1980, Intertech offers complex and precision injection moulded components for products used in medical applications.
With two manufacturing facilities in Denver, Colorado, the company also provides products and assemblies for consumer and industrial applications.
Intertech, which has now become part of TriMas Packaging, will help TriMas to extend its product portfolio and potential for applications in the medical end market.
Intertech’s medical-related product offering consists of highly-engineered and tight tolerance components used in vascular access and in vitro diagnostic applications, said TriMas.
Intertech produces injection-moulded products for food, wellness, hospitality and e-commerce logistics applications in a separate facility.
The company has also invested in the commercialisation of sustainable resin technology, including biopolymers and plant-based resins utilisation in specific packaging applications.
Intertech had reported up to $32m in revenue in the last fiscal year.
TriMas president and CEO Thomas Amato said: “We look forward to supporting Intertech’s management team and leveraging the TriMas Business Model to accelerate the growth of products used in medical and health-related applications.
“The addition of Intertech, combined with TriMas’ December 2021 acquisition of Omega and our existing presence in pharmaceutical & nutraceutical applications, expands our product offerings into the Life Sciences market, which we believe has attractive long-term growth characteristics.”
TriMas stated that Intertech represents its sixth acquisition in the packaging market since early 2019, as well as its second with products, injection moulding manufacturing capability and customer approvals in the medical technology end market.
In December last year, TriMas had acquired Omega Plastics which offers custom components and devices for drug delivery, diagnostic and orthopaedic medical applications.