Silgan Holdings Inc., a leading supplier of rigid packaging for consumer goods products, announced that it has acquired Cobra Plastics, Inc. This business manufactures and sells injection molded plastic closures for a wide variety of consumer products, with a particular focus on the aerosol overcap market.
“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”
“The acquisition of Cobra Plastics expands the product offering of our global closures franchise into a variety of new markets and applications,” said Adam Greenlee, President of Silgan. “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,” concluded Mr. Greenlee.
The acquired business, with sales of approximately $30 million, currently operates from two manufacturing facilities located in close proximity to one another in Macedonia, Ohio.
Silgan is a leading supplier of rigid packaging for consumer goods products with annual net sales of approximately $4.5 billion in 2019. Silgan operates 100 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading supplier of metal containers in North America and Europe for food and general line products. The Company is also a leading worldwide supplier of metal and plastic closures and dispensing systems for food, beverage, health care, garden, personal care, home and beauty products. In addition, the Company is a leading supplier of plastic containers for shelf-stable food and personal care products in North America.