Bloomer Plastics Acquires Optimum Plastics

Published: October 20, 2014

BLOOMER, WI | Bloomer Plastics, a producer of custom-engineered cast embossed films for the industrial, medical, and packaging markets, today announced the acquisition of Optimum Plastics, Delaware, OH, a supplier of high-barrier coextruded blown films.

“We’re proud to welcome Optimum into the Bloomer Plastics family,” says Kevin Keneally, president and CEO of Bloomer Plastics. “Bob Clemons [president and CEO of Optimum] and his team have assembled the finest set of multilayer, high-barrier film assets in the stand-alone film market. Their leadership position in custom-engineered, nine-layer nylon coextrusions is unmatched. We look forward to continuing their investment in state-of-the-art technologies for our mutual valued customers.”

Bloomer says the combination of engineered blown film to its existing portfolio of custom-designed cast film is directly aligned with company’s fundamental strategic initiatives and is core to its growth plans. Keneally says this is a significant move for Bloomer, as this transaction will nearly double the revenue and employee base.

“Were pleased to join forces with the Bloomer Plastics team,” says Clemons. “After 20 years of successful business operations, we are convinced that a merger with Bloomer will carry new opportunities for our employees, customers, and partners. The team at Bloomer holds the right resources and talents to bring our business to the next level of performance.”

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