Stamford’s Silgan Holdings acquires Cobra Plastics Inc.

Silgan Holdings Inc., a Stamford-headquartered supplier of rigid packaging for consumer goods products, acquired Cobra Plastics Inc., a manufacturer of injection molded consumer product plastic closures, with a particular focus on the aerosol overcap market.

The financial terms of the transaction were not publicly disclosed.

Cobra Plastics has sales of approximately $30 million and operates two manufacturing facilities in Macedonia, Ohio.

“The acquisition of Cobra Plastics expands the product offering of our global closures franchise into a variety of new markets and applications,” said Adam Greenlee, president of Silgan. “The combination of Cobra”™s overcap product line with our aerosol actuators and dispensing systems will allow Silgan to offer a broader range of integrated solutions, including functional overcaps, to meet the unique needs of our customers.”