Transcontinental Acquires Multifilm Packaging
- Published: March 13, 2018
MONTREAL, QC, CANADA | Transcontinental Inc., a printer and supplier of flexible packaging, has acquired Multifilm Packaging Corporation, a flexible packaging supplier located in Elgin, near Chicago, IL, and employing more than 70 people. Multifilm, said to enjoy a solid reputation in the high-end candy and chocolate packaging verticals in North America, specializes in piece-wraps and high-barrier laminates for the confectionery, snacks, and dry foods markets. It offers an integrated manufacturing process and its processes include cast film extrusion, metallization, and demetallization, as well as aluminum foil printing.
“The acquisition of Multifilm Packaging Corporation is aligned with our growth strategy for the packaging division and presents tremendous opportunities,” says François Olivier, president and CEO of TC Transcontinental. “This transaction allows us to enter new high-end confectionery packaging niches and to bolster our offering in this market. Multifilm expands our manufacturing capabilities, namely with aluminum foil printing and demetallization, thereby enabling us to leverage these sought-after processes within our North American packaging platform. We are pleased to acquire such a forward-thinking company, equipped with a state-of-the-art platform and enjoying solid business relationships with its loyal customers, some of whom are internationally renowned. We wish to extend a warm welcome to all of Multifilm’s talented employees who will be joining our team of committed and results-oriented people.”
Multifilm Packaging Corporation has been owned since 2008 by four owner-managers who will all remain with TC Transcontinental to ensure business continuity.
Chris Rogers, president of Multifilm, adds, “We are truly proud to join TC Transcontinental, a large corporation with a 42-year history and track record of success. We are inspired by the long-term growth vision and entrepreneurial spirit of its executives, and we are confident that, together, we will continue to help Multifilm thrive by building on its success, as we have always done.…We take this opportunity to thank all our employees for their dedication, and we look forward to continuing our growth with them as part of the TC Transcontinental team.”
This email address is being protected from spambots. You need JavaScript enabled to view it.
