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Technical Precision Plastics has merged its operations with IntraPac International, a specialty packaging company owned by Oncap. TPP has facilities in Mebane, North Carolina and Haina, Dominican Republic.
ONCAP announced it has acquired Precision Global, a Greenville, South Carolina manufacturer of dispensing solutions with 18 facilities. ONCAP IV invested approximately $111 million, terms otherwise undisclosed.
ONCAP, the mid-market private equity platform of Onex, acquired IntraPac International, a specialty rigid packaging maker, from funds managed by CI Capital Partners on December 4, 2017. Terms were not disclosed.