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HGP – TemperPack Acquires KTM Industries, Inc.
RICHMOND, Va.–(BUSINESS WIRE)–TemperPack® Technologies, a manufacturer of high-performance, sustainable thermal insulation for cold chain packaging, announced today that the company has reached an agreement to acquire KTM Industries, subject to customary closing conditions. With this move, TemperPack will be able to offer customers an expanded product line and increased market coverage. Once the transaction is closed, the combined enterprise will have over 700 employees in four U.S. locations: Richmond, VA; Las Vegas, NV; Reno, NV; and Holt, MI.
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