Based in Bucharest, Romania, IME is involved in the manufacturing of PE films for specialty and general industrial and food and beverage packaging applications.
The firm’s products are said to offer a range of capabilities such as multilayer, blown-film coextrusion and converting. IME is a long-time supplier to MetPro.
IME has been the seventh strategic acquisition for Transcendia since last five years, enabling to establish as a predominant global custom engineered films company.
Transcendia president and CEO Andy Brewer said: “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.”
MetPro provides amine-free VCI technologies for workers’ safety via its advanced anti-corrosion solutions.