Tosca to Acquire Polymer Logistics

Tosca, an innovator in reusable packaging and supply chain solutions in the United States, announced that it has agreed to acquire Polymer Logistics (“Polymer”), an innovative company specializing in reusable transport packaging and retail merchandising systems in the United States and Europe, from a consortium of private investors.

The synergy will provide greater opportunities for innovation, development and quality customer service globally.

Tosca has a 60-year history of innovation that has driven its growth into a leading North American provider of reusable packaging and supply chain solutions across a wide array of markets. Today the company employs more than 950 people and operates 14 service centers across the U.S., working with the nation’s largest and most influential grocery retailers and suppliers to provide solutions for shipping perishables, reducing shrink and driving supply chain efficiency.

Founded in 1994, Polymer is a leader in retail ready packaging systems and technologies. The company provides reusable containers and other packaging and related services to grocery end markets, as well as retail, logistics and consumer goods customers. Its manufacturing operations are based in Israel and the company operates across the US, the UK and Continental Europe.

The acquisition of Polymer will expand Tosca’s geographic reach and increase its product portfolio. This will offer customers a stronger value proposition through increased network density, particularly in the US, and an expanded product offering.