Smithers Group acquires Pira
The Smithers Group, parent company of plastics testing and consulting company Smithers Rapra, has acquired Pira, which produces reports and conducts testing for clients in the packaging, paper, and print industries and their supply chains. Smithers' officials say the purchase represents a strategic fit for their company.
December 3, 2010
Terms of the purchase were not disclosed. Selling Pira was plastics and chemicals supplier BASF (Leverkusen, Germany), which acquired Pira with its acquisition last year of additives supplier Ciba. Pira's headquarters are in Leatherhead, England; it employs about 120 at five facilities in the UK and the U.S.
"Pira represents a tremendous strategic fit for Smithers," commented Michael Hochschwender, president and CEO of The Smithers Group. Pira provides strategic and technical consulting, intelligence and organizes events to the packaging, paper and print industry supply chains. Its IntertechPira business prepares and markets reports for industries including lighting and displays, clean energy, home and personal care, industrial biotechnology, performance materials and chemicals.
The Smithers Group (Akron, OH) includes Smithers Viscient, Smithers Pharma Services, Smithers Rapra, Smithers Quality Assessments, iSmithers, and now Pira International and IntertechPira.
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