Dallas Plastics Corp. has secured a presence in the Canadian flexible packaging market by purchasing Montreal blown film maker Emballage MPP Inc.
With the deal, Dallas Plastics gains MPP's 20,000-square-foot plant, which employs 20.
Mesquite, Texas-based Dallas Plastics is part of the portfolio of private equity company Sole Source Capital LLC. SSC announced the MPP purchase Aug. 15 but did not disclose financial terms.
Dallas-based Sole Source Capital said the acquisition boosts Dallas Plastics' scale and significantly expands its geographic market reach.
MPP President Angelo Orlando, who will be assisting with strategic and operational matters going forward, said the sale benefits both the company he founded in 2008 and Dallas Plastics.
"We have no doubt that MPP will be an excellent foothold into Canada for Dallas Plastics. MPP stands to benefit from Dallas Plastics' scale, connectivity with resin suppliers and operational expertise," Orlando said in a news release.
Dallas Plastics serves the food packaging, medical, industrial, agricultural and consumer products markets. MPP makes a range of blown polyethylene film products, primarily selling to the food packaging, medical and logistics markets.
The MPP acquisition is the second for Dallas Plastics since it became part of SSC almost two years ago. Dallas Plastics bought Hi-De Liners Inc. of Orange, Mass., in June 2021, giving Dallas Plastics its fourth plant. That facility makes high and linear low density PE film as well as drum and trash liners, medical waste bags and barrier sheeting. Its products are also used in flexible packaging for the bakery, hospitality and seafood markets.
Dallas Plastics reported 2019 sales of $47 million, placing it at No. 95 in Plastics News' latest ranking of 171 North American film and sheet makers. SSC declined to provide financial information for MPP.
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