Silgan Holdings, a leading supplier of rigid packaging for consumer goods products, has acquired aerosol overcap manufacturer Cobra Plastics.
Cobra Plastics manufacturers and sells injection moulded plastic closures for a range of consumer products, with a focus on the aerosol overcap market. Adam Greenlee, president of Silgan Holdings, said: “The acquisition of Cobra Plastics expands the product offering of our global closures franchise into a variety of new markets and applications.
“The combination of Cobra’s overcap product line with our aerosol actuators and dispensing systems will allow Silgan to offer a broader range of integrated solutions, including functional overcaps, to meet the unique needs of our customers.”
Cobra Plastics, with sales of around $30 million (€27.6 million), currently operates from two manufacturing facilities in Macedonia, Ohio, US. Silgan is a leading supplier of rigid packaging for consumer goods products with annual net sales of around $4.5 billion (€4.14 billion). The firm operates 100 manufacturing facilities in North and South America, Europe and Asia. It is a leading supplier of metal containers in North America and Europe for food and general line products, as well as metal and plastic closures and dispensing systems for food, beverage, healthcare, garden, personal care, home, and beauty products.