01.01.13
Mold-Rite Plastics, a manufacturer of rigid plastic packaging, has acquired Stull Technologies, a New Jersey-based manufacturer of dispensing closures, caps, lids, and packaging components, and Weatherchem Corporation, an Ohio-based maker of plastic dispensing closures. According to Mold-Rite, both transactions broaden its product line, geographic reach and manufacturing capabilities while also adding experienced personnel to its organization. Mold-Rite Plastics, which is owned by private equity firm Irving Place Capital, will retain the Stull and Weatherchem names.