# CKF and Scotia Investments acquire Molded Fiber Technologies from UFP Technologies

Scotia Investments and CKF agreed to purchase Molded Fiber Technologies from UFP Technologies, forming MFT-CKF, Inc. MFT makes molded pulp protective packaging at plants in Clinton, Iowa and El Paso, Texas.

- Type: Acquisition
- Announced: 2022-07-27
- Where: Clinton, Iowa; El Paso, Texas, United States
- Status: announced
- Products: molded pulp protective packaging, molded fiber packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [CKF Inc.](https://endata.com/companies/8535.md) (acquirer)
- [Scotia Investments](https://endata.com/companies/9507.md) (acquirer)
- [UFP Technologies](https://endata.com/companies/9508.md) (partner)
- [Molded Fiber Technologies](https://endata.com/companies/9509.md) (target)

## Sources

- [moldedfiber.com](https://moldedfiber.com/2022/07/27/further-growth-plans-in-the-sustainable-packaging-sector/), 2022-07-27: "CKF will purchase UFP's Molded Fiber Technology Inc. (MFT)."

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