Synetic adds to plastics technologies business
Synetic Inc. (Elmwood Park, NJ), a plastic filtration technology company, has signed a stock purchase agreement for the acquisition of The KippGroup (Ontario, CA), a manufacturer of high performance plastic injection molds and injection-molded plastic products for the medical device industry. The KippGroup will become a wholly owned subsidiary of Synetic and launch the company`s new medical products group.
Synetic also operates several other plastics technologies businesses, including Porex, a plastic filtration technologies subsidiary. — SG