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Transcendia Acquires Purestat Engineered Technologies

FRANKLIN PARK,A Ill., March 3, 2019 /PRNewswire-PRWeb/ --A Transcendia, a leader in custom engineered materials for critical product components in a wide range of markets and applications, completed the acquisition of Purestat Engineered Technologies. This acquisition expands Transcendia's growing active packaging and barrier film platforms through the addition of anti-static ESD (Electrostatic Dissipative) formulations and multi-layer extrusion and lamination capabilities. "This acquisition broadens Transcendia's product portfolio to include multi-layer barrier bags, films and laminates to serve high-value market applications in electronics, energy, aerospace, medical and food. In addition, it meaningfully strengthens our current clean room processing capabilities through the addition of certified class 100 and class 1000 clean rooms." said Andy J. Brewer, President & CEO of Transcendia. Purestat is a vertically integrated manufacturer specializing in ESD active packaging solutions serving high-value market applications in medical, food, energy, electronics and aerospace. They offer a broad range of capabilities including blown film co-extrusion, lamination, converting and clean room processing. Purestat is headquartered in Lewiston, ME."Transcendia's business aligns very well with Purestat's growth strategy and strengthens our overall value proposition in the marketplace." said Purestat's General Manager, Richard Kullson. "This acquisition allows us to leverage Transcendia's global infrastructure of 21 manufacturing and distribution facilities to better reach current and new customers, expands our multi-layer film extrusion capabilities for broader product offerings, and gives us access to more resources to strengthen Purestat's business."This marks the eighth 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 18 ISO certified manufacturing and three company operated distribution centers throughout North America, Europe and Africa. For more information, visit https://www.transcendia.comSOURCE Transcendia
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