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TEQ, headquartered in Huntley, IL, produced sales of $88 million in the fiscal year ended Sept. 30, 2018.
November 20, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco announced it has signed a definitive agreement to acquire Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for approximately $187 million in cash. TEQ, headquartered in Huntley, IL, produced sales of $88 million in the fiscal year ended Sept. 30, 2018, and operates three thermoforming and extrusion facilities in the United S...
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