WESTFALL TECHNIK EXPANDS NORTHEAST PRESENCE, ENTERS THE MIDWEST, AND GROWS CONSUMER PACKAGING CAPABILITIES WITH THE ACQUISITION OF AMARAY’S U.S. OPERATIONS.
Westfall Technik has added significant assets to its portfolio in the mid-west and east coast with the purchase of a large injection molding company to enhance their capabilities for consumer packaging. The collaboration with the 8 other Westfall sites adds a new dimension to their end-to-end supply chain capabilities.
Elizabethtown, Kentucky – October 4th, 2018 –Amaray’s North American business has been acquired by Westfall Technik, Inc., a global holding company that provides highly productive plastics manufacturing solutions to the medical, packaging and consumer goods industries. Amaray US will work closely with Westfall management and its other portfolio companies to drive injection molding volumes to the Amaray US plants, providing more capacity and differentiated capabilities to their customers. Westfall plans to invest in and upgrade the Amaray US facilities to meet the demands of its diversified customer base.
Westfall continues to execute on its aggressive acquisition strategy with the purchase of Amaray US from Atlas Holdings, a private equity firm in Greenwich, CT. This marks a significant investment into the consumer packaging space for Westfall. Amaray’s two injection molding facilities, in Pittsfield, MA and Elizabethtown, KY, provide significant additional capacity to support Westfall’s growth plans. The addition of the two facilities in Kentucky and Massachusetts adds 285,000 square feet of manufacturing space and expands Westfall’s presence in the Northeast. The Elizabethtown, KY facility is Westfall’s first location in the Midwest, which will be used to service a growing customer base in that region. “The acquisition of Amaray US – our eighth in the past 12 months—is a major step forward in our plan to acquire plastic injection molding businesses in strategically important industries and geographies across the value chain,” noted Jim Berklas, Head of M&A for Westfall Technik.
About Amaray North America
Amaray US is the leading U.S. supplier of media packaging, as well as a growing supplier to the CPG, personal care, and healthcare markets. Amaray US’ core competency of high volume, highly automated production has allowed them to penetrate these markets with leading brand owners. Amaray US operates two strategically located plants in the U.S., one in Pittsfield, MA and the other in Elizabethtown, KY. Amaray US employs approximately 165 people, operating 66 injection molding machines. Atlas Holdings will continue to own Amaray Europe as part of its ASG packaging business.
About Westfall Technik
Westfall Technik is a new global holding company which provides highly-productive plastics manufacturing solutions to medical, consumer packaging and consumer goods industries. Westfall Technik’s competitive advantages include modern automated systems, correlative molding processes, and effective industry 4.0 concepts. The results for brand owners include high quality, excellent value, fast response for shorter time-to-market, 100% inspection and traceability from pellet to pallet and beyond, supply chain security compliance, and reliability from a team you can trust.