IPL, Inc. history

Innovation has always been around the corner and by 1971, the company had marketed the first monoblock chair in Canada, the first beverage plastic crates and was the first to manufacture plastic snowmobile coverings.

Always looking forward, IPL implemented the International Quality system ISO 9001 in 1993 and became the first North American injection molding company to do so in its industry.

The same year, IPL launched the first tamper evident break-tab on small containers and by 1996, IPL was mastering In-mold labelling technology.

2005: One51 established as a diversified investment company

2006: Acquisition of Protech Plastics establishing the Plastics Division of One51

2011: Adoption of an action plan to transform One51 from an investment company to an operations-focused business

2014: Acquisition of Straight, a key supplier of environmental containers in the U.K.

2015: One51 acquires a 67% majority equity interest in IPL with CDPQ (22%) Fonds (11%) as minority shareholders

In 2016, IPL acquired Encore Industries Inc., a plastic container manufacturer and distributor with customers throughout the US and Canada.

In 2017 IPL pursued its growth and acquired Macro Plastics Inc., the largest manufacturer of rigid plastic bulk bins worldwide and a market leader in providing value-added rigid plastic bulk packaging solutions to the agricultural and automotive sectors.

2018: CDPQ and Fonds exchange their minority equity interest into shares of parent, effectively consolidating the company.

2019: Acquisition of Belgian Loomans Group - expands geographic reach, customer base and engineering capability