“This acquisition is great news for the ongoing development of our flexible packaging division, an important area of growth for the corporation,” said François Olivier, president and CEO of TC Transcontinental. “The acquisition of Robbie Manufacturing is strategic on two fronts. It allows us to enter into two new packaging niches while also creating opportunities for synergies with our existing facilities nearby.”
TC Transcontinental’s first strategic acquisition in the flexible packaging sector was Capri Packaging, in 2014. In 2015, the corporation doubled its revenues in this area by purchasing Ultra Flex Packaging Corp.