UNITED CAPS to Acquire Dewit Plastics' Caps, Closures and Handles Business

UNITED CAPS, an international producer of innovative caps and closure solutions and a global industry reference for the design and production of high performance plastic caps and closures, today announced it will be acquiring from Dewit Plastics its caps, closures and handles business.

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UNITED CAPS, an international producer of innovative caps and closure solutions and a global industry reference for the design and production of high performance plastic caps and closures, today announced it will be acquiring from Dewit Plastics its caps, closures and handles business. This includes screw, tamper-evident (TE) and child-resistant (CRC) closures as well as handles for large containers. Dewit Plastics will continue operation of its remaining injection moulding and thermoforming businesses. This acquisition expands the range of offerings UNITED CAPS can provide to customers. The transaction is expected to close at the end of May 2017.

"We are pleased to be able to expand our already-broad portfolio to include these new product offerings," said Benoît Henckes, CEO. "Our clients turn to UNITED CAPS for innovative solutions to their closure needs, including bespoke solutions. By adding this new technology and expertise from Dewit Plastics, we better position ourselves as a single source for clients for their caps, closures, and now handles, requirements."

UNITED CAPS will be integrating the acquired production assets into its plant in Hoboken, Belgium, over the next several weeks.

"We are pleased that the expert team at UNITED CAPS will be taking over this part of our business," said Mr Alain Cap, owner of of Dewit Plastics. "Our customers for these products will be in good hands, and we will be better positioned to focus on our core injection moulding and thermoforming businesses."

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