Packaging major Inteplast Group has acquired its main competitor in corrugated plastic sheet, Coroplast Inc. Inteplast did not disclose terms of the Aug. 15 deal.

Inteplast gets corrugated sheet plants in Vanceburg, Ky., and Granby, Quebec, as well as Coroplast's headquarters in Chicago.

Inteplast said the purchase makes it the leader in manufacturing and distribution of corrugated plastics in North America. The deal combines Inteplast's IntePro and subsidiary Matra Plast of Canada's Hi-Core products with Coroplast corrugated sheet to yield the broadest product line in the industry, Inteplast claimed in a news release.

Coroplast makes a broad line of corrugated plastic sheet and related laminates for graphics, reusable packaging, agriculture, automotive and construction. It was owned by Vancouver, British Columbia-based conglomerate Jim Pattison Group, which bought it in 1990.

“Coroplast brings geographic diversity and increased capabilities to our group,” noted Inteplast Group President John Young in a news release. “The management team of Coroplast will continue unchanged and Coroplast's customers can expect a seamless transition in service and quality, for which Coroplast has been well known in the industry.”

Inteplast said it will operate its new subsidiary as Coroplast LLC. Inteplast is based in Livingston, N.J.

Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]

Please enter a valid email address.

Please enter your email address.

Please select at least one newsletter to subscribe.

Staying current is easy with Plastics News delivered straight to your inbox, free of charge.

Plastics News covers the business of the global plastics industry. We report news, gather data and deliver timely information that provides our readers with a competitive advantage.

1155 Gratiot Avenue Detroit MI 48207-2997