FRANKLIN PARK, Ill, Jan.17, 2019 /PRNewswire-PRWeb/ -- Transcendia, a leader in custom engineered materials for critical product components in a wide range of markets and applications, completed the acquisition of IME (Industrial Mecano). IME will become part of Transcendia's MetPro business, a leading global developer of anti-corrosion active and protective packaging solutions.
The acquisition strengthens Transcendia's material science expertise, industry leading service, and extensive technology platform in engineered films for food & beverage and specialty industrial markets.
IME (Industrial Mecano), is a manufacturer of PE films for specialty and general industrial and food & beverage packaging applications. They offer a broad range of capabilities including multi-layer blown film co-extrusion and converting. IME is headquartered in Bucharest, Romania and has been a long-time supplier to MetPro.
"This acquisition supports Transcendia's geographic expansion and vertical integration of film extrusion leveraging MetPro's industry leading Anti-Corrosion technology to ensure security of supply and better service for European customers," said Andy J. Brewer, President & CEO of Transcendia.
This marks the seventh strategic acquisition Transcendia has completed over the last five years as part of its transformation to become a predominant global custom engineered films company.
About Transcendia
Transcendia is a leader in custom engineered materials for critical product components in a wide range of markets and applications. Founded in 1931, the company provides broad material science expertise, an extensive technology platform, industry leading service, global geographic coverage and trusted reliability for product solutions evident in most everyday lives. Transcendia serves over 5,000 global customers for a variety of applications and markets including healthcare, point of purchase-display, protective & aesthetic, industrial, food & beverage, window, anti-corrosion and security ID. The company is headquartered in Franklin Park, IL and operates 17 ISO certified manufacturing and three company operated distribution centers throughout North America, Europe and Africa. For more information, visit http://www.transcendia.com
About Metpro
MetPro, a Transcendia business, is a leading global developer of active and protective packaging. Through its innovative anti-corrosion solutions, MetPro offers industry-leading amine-free VCI technologies designed for workers' safety. MetPro manufactures specialty VCI film, VCI papers, anti-corrosion packaging, corrosion protection and vapor corrosion inhibitors for a broad range of industrial markets including transportation, metals, machinery & equipment, chemical and pharmaceutical. MetPro Group operates sales, R&D, manufacturing and converting sites worldwide, including locations in Ireland, Scotland, Germany, France, India, South Africa and North America. For more information, visit https://metprogroup.com/
SOURCE Transcendia
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