United Caps Buys Plastic Closures Division of Closures4you
United Caps, Wiltz, Luxembourg, an international manufacturer of high performance plastic caps and closures, announced today that the company is taking over the plastic closures division of Closures4you. The takeover offer includes 28 mm caps for re-usable glass bottles and for disposable PET bottles.
This latest acquisition is part of United Caps’ comprehensive growth strategy. In June 2017, the company announced the takeover of cap and closure manufacturer Dewit Plastics. In the case of Closures4you, the plan is to ensure future market supply from the United Caps plant in Schwerin, Germany. The takeover will make available capacity for a new closure design to replace some previous closures. To ensure a smooth transition in terms of customer supply, Closures4you will make its closure capacities available through the end of March 2018.
"With this strategic step, United Caps is driving forward the modernisation of its product portfolio," explains Benoît Henckes, CEO of United Caps. "In accordance with the principle of ‘less is more’, we are working to restrict product complexity within our portfolio as much as possible while still offering first class closures for all PET and glass bottles.” Cups4you, the former parent company of Closures4you, headquartered in Oss in the Netherlands, is the European specialist for thin-wall injection molded packaging with a capacity of 100 to 2500 ml for the food industry.
UNITED CAPS LUXEMBOURG S.A.
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