Global innovator and provider of cold chain packaging systems for the pharma industry, Softbox, has acquired TP3 Global, which manufactures the ‘SilverSkin’ brand.
Merger and acquisition
TP3 Global manufactures thermal protection covers for the pharmaceutical industry, with operations in the Americas, EMEA, South Asia and Asia Pacific. With this acquisition, a combined portfolio of passive temperature-control packaging systems and thermal protection products will be available to both companies’ customers
“I’m extremely proud to welcome TP3 Global to the Softbox family. Our combined capabilities, client relationships, geographic coverage and commitment to innovation, can only strengthen our customer support of temperature controlled distribution,” commented Wayne Langlois, president of Softbox. “TP3 Global brings a wealth of knowledge and technical expertise from within the thermal protection and logistics industries, and will enable us to provide our customers with a differentiated offering in the temperature controlled packaging market.”
“The strong cultural fit, complementary products and the potential of combining the outstanding technical capabilities of each company made the decision to join Softbox the next logical step in the development of TP3 Global,” explained Clive Wheeldon, president of TP3 Global. The combined global footprint is unrivalled within the temperature controlled packaging industry, enabling us to provide unsurpassed levels of product availability on a local basis worldwide.
“For our customers, the message is very much business as usual, with the same key contacts simply enhancing our ability to provide increased temperature sensitive product protection wherever they need it.”
