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Germany-based industrial packaging specialist Ringmetall has strengthened its position in the US food and industrial packaging market through the acquisition of the Thermoforming Division of New England Plastics Corp.

The transaction, structured as an asset deal, marks the company’s second acquisition of 2026 and reinforces its strategic focus on growth in the liner segment.

Headquartered in New Bedford, Massachusetts, the acquired thermoforming unit is a well-established producer of rigid and form liners, tote liners and related packaging components.

These products play a critical role in protecting food ingredients and bulk goods throughout processing, storage and transportation, key priorities for food and beverage manufacturers navigating increasingly complex supply chains.

The division employs 41 staff members, all of whom will be retained as part of the transition. The business generates annual revenues in the high single-digit million-dollar range, with profitability in line with Ringmetall’s existing liner operations.

For the food and beverage industry, the acquisition signals continued investment in packaging solutions designed to enhance product safety, extend shelf life and improve logistics efficiency. Thermoformed liners are widely used in bulk food handling applications, offering durability, contamination protection and compatibility with automated filling systems.

Christoph Petri, Co-CEO of Ringmetall, said: “With this acquisition, we are consistently pursuing our buy-and-build strategy. It underlines both the attractiveness of the Ringmetall Group as a partner and our positioning as a serial acquirer.”

The company recently completed another acquisition, Makplast, highlighting its accelerated expansion strategy. Ringmetall indicated that further deals, particularly within the liner segment, are likely as it continues to scale its global packaging platform.

The acquisition will be financed through existing funds and available credit lines. While financial details were not disclosed, the integration of the thermoforming unit into Ringmetall’s operations is expected to proceed in the near term.