Integrated Packaging Solutions (IPS), headquartered in Golden, Colorado, is proud to announce the acquisition of Altek Company Tech Products, a recognized supplier of testing equipment for can and lid manufacturing. The acquisition includes the Altek brand, product designs, current orders, and service agreements, as well as inventory assets, and is being conducted as an asset purchase.
Through this acquisition, IPS strengthens its position as a comprehensive supplier of support systems and tools for the packaging and food industries. The offering is expanded with complementary service and maintenance solutions designed to optimize uptime and equipment performance. IPS intends to preserve and develop Altek’s legacy by further developing the product portfolio and deepening collaboration with existing customers. The integration of Altek’s operations with the IPS unit in Golden, Colorado, will offer efficiency gains through digitization and process coordination.
“We are excited to welcome Altek to the IPS family. Their reputation for quality aligns perfectly with our mission to empower can manufacturers through innovation, efficiency, and support. This acquisition allows us to expand our offerings and create even more value for our customers,” said Michael W. Calahan, President and CEO of Integrated Packaging Solutions.
We are incredibly grateful for our customers’ business and their loyalty over the years. We are confident that this acquisition will lead to greater value and opportunities for our customers, and we look forward to our continued collaboration.
