Caplugs acquires Safeplast
Caplugs has recently completed the acquisition of Safeplast as part of the company’s ongoing efforts to expand its capabilities in hose protection.
This transition will offer customers a broader selection of standard products, a full range of specialty wrap products and an array of complementary products, available from a single source for all their hose protection needs. In addition, as part of the acquisition, manufacturing of Safeplast products has been moved from South Carolina to the Caplugs headquarters in Buffalo, New York.
“Safeplast’s offerings are a great complement to Caplugs’ line of Pig’s Tail products, allowing us to best serve our customers,” said David Williams, president and CEO of Caplugs. “This acquisition allows us to provide a comprehensive range of the highest quality parts on the market, as well as expert solutions.”
Safeplast has an established reputation as an industry leader in hose protection manufacturing. Specializing in developing and manufacturing high-quality hose protection spirals, sleeves and bundling straps that are rugged and durable, the company’s products can be used in environments ranging from construction to forestry – anywhere there are hydraulic or pneumatic hoses.
In addition, Safeplast parts can be used to protect both hoses and operators. Paired with Caplugs’ existing Pig’s Tail hose guard solutions, customers are given access to a breadth of styles and sizes, as well as options like custom printing and cut-to-order lengths to meet a diverse array of user needs.
Customers will have access to Safeplast’s complete line of durable hose protection along with Caplugs’ full catalog line of product protection with more than 40,000 parts and comprehensive custom molding capabilities. Terms of the deal were not disclosed.
INDUSTRIAL SUPPLY MAGAZINE
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