Don’t miss the latest developments in business and finance.

United Caps buys Dewit Plastics' caps, closures and handles business

Dewit Plastics' complimentary product line expands range of offerings from United Caps

Closures
Closures
BS B2B Bureau Luxembourg
Last Updated : Jun 07 2017 | 12:40 PM IST
United Caps, an international producer of high performance plastic caps and closures, has acquired Dewit Plastics’ caps, closures and handles business, which includes screw, tamper-evident (TE) and child-resistant (CRC) closures as well as handles for large containers. Dewit Plastics will continue operation of its remaining injection moulding and thermoforming businesses. This acquisition expands the range of offerings United Caps can provide to customers. 

“We are pleased to be able to expand our already-broad portfolio to include these new product offerings. Our clients turn to United Caps for innovative solutions to their closure needs, including bespoke solutions. By adding this new technology and expertise from Dewit Plastics, we better position ourselves as a single source for clients for their caps, closures, and now handles, requirements,” said Benoit Henckes, CEO, United Caps.

United Caps will be integrating the acquired production assets into its plant in Hoboken, Belgium, over the next several weeks.

Headquartered in Luxembourg, United Caps has manufacturing facilities in Belgium, France, Germany, Hungary, Ireland, Luxembourg and Spain. Employing more than 500 people, United Caps’s turnover amounts to € 131 million (as at end 2016).