Alltrista Unimark Plastics Acquires United Kingdom Operation
Christchurch, Dorset, UK July 14, 2003 - Alltrista
Plastics Corporation (Greenville, SC)
through its Unimark Plastics division completed the acquisition of Plastic
Injection Ltd., an injection molding operation in Christchurch,
Dorset, United Kingdom
on July 3, 2003. The new
subsidiary will change its name to Unimark Plastics Ltd., and the acquisition furthers Alltrista Unimark Plastics’
international initiative. Details of the transaction, including purchase price,
were not disclosed.
“The acquisition of Plastic Injection Ltd. represents the
next phase of our strategic focus on providing technology solutions to our
global marketplace,” commented Curt Watkins, President of Alltrista
Plastics Corporation/Unimark Plastics.
The acquisition will enable Unimark Plastics to pursue new
business opportunities in Europe as it continues to
serve existing customers at the Christchurch
facility and other current European customers as well. Unimark has a variety of
synergies with this acquired company, including expertise in medical device,
light industrial, and consumer markets. Christchurch
is Alltrista Plastics Corporation’s ninth manufacturing site, including other
sites in South Carolina, Pennsylvania,
Missouri, Arkansas,
New York, Maine,
and Puerto Rico.
Unimark Plastics, a
division of Jarden Corporation, is a
leading full-service supplier of innovative plastic and manufacturing
solutions. Unimark specializes in high-volume, precision injection molding and
manufacturing for the healthcare, precision consumer, lawn & garden,
recreational sports, light industrial, and closure markets.