Protective packaging maker ProtecPac of Lachine, Quebec, is making its entrance into the European market for bubble film and bubble mailers with the acquisition of TAP Telion-Air-Pac Gesellschaft fur Moderne Verpackungen mbH of Braunschweig, Germany.
The transaction closed July 5.
``TAP fit our criteria perfectly,'' Jan Willem Wieringa, general manager of ProtecPac, said in a July 13 news release. ``First of all, they have a good position in their local market; and secondly, they have a unique manufacturing method for bubble mailers, which will also help our expansion in North America.''
TAP specializes in producing bubble mailers without using any medium between the paper and the bubble film. According to ProtecPac, this production process ensures easy separation of film and paper and compliance with packaging waste regulations in Europe that require materials to be separate for recycling.
TAP employs 80 and has been in operation since 1972. Protecpac bought TAP from Fagerdala World Foams AB of Gustavsberg, Sweden. TAP will keep its name and its management, ProtecPac officials said in a news release. Peter-Michael Waurich will stay on as general manager.
ProtecPac has three manufacturing facilities in Canada and opened its first U.S. facility in December in Sydney, Ohio. ProtecPac is held by Induspac Group of Montreal, which is owned by Paul Gaulin.