IPL acquires Encore Industries, US rigid plastic packaging producer

IPL Inc. acquired Encore Industries Inc., a producer of rigid plastic packaging with three US facilities in Ohio, Georgia and Minnesota, for US$35 million. The deal was made with parent One51 and partners Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ.

“The acquisition, made in collaboration with IPL's parent company One51, and partners Caisse de dépôt et placement du Québec and the Fonds de solidarité FTQ, makes IPL the third largest player in America in the plastic injection molded products market.”newswire.ca

• 1 source
• newswire.caIPL acquires Encore Industries Inc. and announces an investment plan of $ 36 millionNov 11, 2016

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