Tuesday, December 24, 2024

ALPLA acquires packaging specialist Fortiflex

ALPLA has acquired the packaging specialist Fortiflex based in Puerto Rico. The two companies have been jointly producing packaging for the markets in the Caribbean and Central America since 2017. With the acquisition of Fortiflex, ALPLA strengthens the ALPLAindustrial division established in 2023 for large-volume packaging solutions and expands its offerings as a complete provider.

The ALPLA Group is accelerating the production of large-volume plastic packaging. The internationally active packaging and recycling specialist has acquired all shares in the packaging company Fortiflex, Inc., based in Puerto Rico. The two companies have been partners since 2017, producing buckets, lids, crates, tubs and other products at locations in Puerto Rico, Costa Rica and the Dominican Republic.

- Advertisement -

Founded in 1975, the packaging specialist Fortiflex is one of the leading manufacturers in Central America and the Caribbean, with a range of more than 700 products. ‘Through the acquisition of Fortiflex, we strengthened our position, expanded our portfolio, and set the stage for further growth in the region. We gain decades of experience, recognized quality and state-of-the-art production lines,’ emphasizes Carlos Torres, ALPLA managing director Mexico, Central America and the Caribbean. All 102 employees have been taken over by ALPLA.

Packaging solutions for the industry

- Advertisement -

Fortiflex’s facilities supply products to major regional and international customers in the construction, chemical and food industries. Production and export capacities are continually expanded, now encompassing not only Central America and the Caribbean but also South and North America. In 2023, ALPLA and Fortiflex installed a new production line for buckets in Costa Rica. Further investments are planned.

The integration of Fortiflex into the ALPLA Group, combined with the portfolio of the ALPLAindustrial brand established in 2023 and ALPLA’s recycling expertise, create added value for customers in the region. ‘The business with industrial containers has great potential, and as a complete provider, we deliver closures and decorations along with them’, adds Torres.

The acquisition was contractually agreed upon on 22 December 2023. The terms were kept confidential.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest Articles