Winona, Minnesota - Thermoplastic compound maker RTP Co. has acquired polyurethane film manufacturer Wiman Corp.
The Minnesota-based firm said it will combine its sheet division with Wiman's flexible plastic film production and extrusion capabilities.
"We feel these new capabilities, plus the synergies created by combining our technical resources, will be of great benefit to our customers," Hugh Miller, RTP president and CEO, said.
Wiman president Peter Ploumidis said: "With this acquisition, we gain RTP Co.'s marketing and selling infrastructure and international capabilities, in addition to its unique material technologies."
The details of the purchase were not disclosed.