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.
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....