# Tekni-Plex signs agreement to acquire Grupo Phoenix rigid packaging maker

Tekni-Plex signed a definitive purchase agreement to acquire Grupo Phoenix, a rigid custom packaging manufacturer with operations in the United States, Colombia and Mexico, to strengthen its consumer products business. The price was not disclosed.

- Type: Acquisition
- Announced: 2021-06-30
- Status: announced
- Products: rigid packaging, custom packaging solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Grupo Phoenix](https://endata.com/companies/1275.md) (target)
- [Tekni-Plex](https://endata.com/companies/3983.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/tekni-plex-signs-definitive-purchase-agreement-to-acquire-grupo-phoenix-301323694.html), 2021-06-30: "Tekni-Plex has signed a definitive purchase agreement to acquire Grupo Phoenix"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.