Caplugs Acquires Safeplast, Incorporating Operations in Finland

As the leader in product protection, Caplugs, Inc. is continually looking for ways to expand its product lines and offerings to deliver the most extensive range of protective parts, netting, packaging and hose protection. And now, with the completion of its acquisition of Safeplast Oy, Caplugs has once again grown its range of options for customers in Europe.

Safeplast has a long reputation as a trusted manufacturer of premium hose protection in Finland, delivering a range of colour options and product styles that can be customised to meet a wide variety of customers’ specific needs. These product lines will join with Caplugs’ existing Pig’s Tail spiral wrap protection, giving the company’s current customers access to more variety and options while opening the door for Safeplast customers to shop the Caplugs catalogue of over 40,000 protective parts.

As part of the acquisition, Caplugs takes ownership of the current Safeplast headquarters in Finland. This facility will continue to produce hose protection lines and joins the company’s overall portfolio of European manufacturing locations, which includes the European headquarters in the Netherlands and additional operations in Belgium and San Marino.

‘Safeplast’s offerings are a great complement to Caplugs’ line of Pig’s Tail products, allowing us to best serve our customers’, said David Williams, President and CEO of Caplugs. ‘This acquisition allows us to provide a comprehensive range of the highest quality parts on the market, as well as expert solutions’.

‘This transition will offer purchasers a broader selection of standard products, a full range of speciality wrap products, and an array of complementary products, giving buyers access to a single source for all their hose protection needs.

Business teams are currently working on the integration process to streamline the transition for current customers over the coming weeks and months. In addition, the current Safeplast team will remain with Caplugs, meaning current Safeplast customers can continue to work with their same service and support contacts as they become a part of the overall team for Caplugs in Europe.

About Caplugs

Founded in 1948 in Buffalo, New York, Caplugs has been a leader in the product protection industry for more than 70 years. The company manufactures caps, plugs, tubing, containers, netting, edge liners, fasteners and masking products, in addition to a range of custom designed products for customers in diverse industries globally