Blow molding machinery company Uniloy Inc. has acquired the assets of the defunct Amsler Equipment Inc. in Vaughan, Ontario.
The deal apparently ends a tumultuous period for Amsler, which shut down last year as a result of the liquidation of Niigon Machines Ltd.
With the purchase, Tecumseh, Mich.-based Uniloy enters the PET stretch blow molding (SBM) machine market and will provide support for Amsler equipment going forward under the new Uniloy SBM product line.
"We saw a significant opportunity to support the customers left without service and spare parts when Amsler ceased operations," Uniloy CEO Brian Marston said in an email. "In addition to offering aftermarket support, Uniloy has plans to offer Uniloy SBM machines in the future."
Founded in 1994, Amsler built all-electric linear PET stretch blow molding equipment ranging from one to six cavities with outputs of 1,500-10,000 bottles per hour.
Uniloy acquired all technical documents, machine designs, service records, spare parts, tooling and drawings as well as other materials, Marston said.
"Complete turnkey solutions have been a mainstay for Uniloy, and Uniloy has been manufacturing PET molds for many years. This product line will allow us to reach new customers," Marston added.
Amsler had been quietly acquired by Benpac Holding Inc., a U.S. affiliate of Stans, Switzerland-based Benpac Group., in January 2020 as part of a strategy to bring together leading packaging supply chain companies as a one-stop shop.
In June 2021, Benpac moved Amsler from Bolton, Ontario, to a rented facility in Vaughan that was owned by Niigon Machines. At the time, Benpac was considering acquiring Niigon.
That deal never materialized, and Niigon, which was founded by Plastics Hall of Famer Robert Schad, declared bankruptcy Sept. 24. Amsler was locked out of the Vaughan plant for nonpayment of rent to Niigon.
Niigon took possession of the Amsler assets after they were left behind by the company's owner, according to a March 8 news release from Uniloy.
Terms of the purchase, which occurred Feb. 9, were not disclosed.
"Uniloy Inc. purchased certain assets from the receiver and trustee in the bankruptcy of Niigon Machines Ltd., who was in possession of the assets abandoned by its tenant Amsler Equipment, Inc.," the Uniloy release says.
Benpac Group CEO Marco Corvi has said Niigon billed Amsler about C$150,000 (US$119,619) for use of the space about 10 days before Niigon declared bankruptcy.
Corvi told Plastics News in November 2021 that the rent would be paid so employees could return to the premises, but events unfolded differently.
In January, Amsler employees were notified in an email from Corvi to start job hunting.
"We will probably not continue Amsler," the Jan. 5 email said.