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M&A Quarterly News In The Plastics and Rubber Industry Sector

By Jim Zipursky | Mar 17, 2020

The report below gives a good overview of the first quarter M&A activity in the Plastics and Rubber Industry Sector. M&A activity for North American based target companies in the Plastics and Rubber sector for Q4 2019 included 24 closed deals, according to data published by industry data tracker FactSet.

One of the notable lower middle market transactions closed in November when Tank Holdings Corp, a portfolio company of Olympus Advisors LLC, acquired Chem-Tainer Industries, Inc., doing business as Todd Enterprises, for an undisclosed amount. Olympus Partners is a private equity and venture capital firm. Chem-Tainer Industries engages in manufacturing plastic tanks. The company’s products include open top, water, bulk storage, split containment and septic tanks. Chem-Tainer Industries is headquartered in West Babylon, NY.

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M&A Quarterly News In The Metal Fabrication Industry Sector

By Jim Zipursky | Feb 20, 2020

The report below gives a good overview of the first quarter M&A activity in the Metal Fabrication Industry Sector. M&A activity for North American based target companies in the Metal Fabrication sector for Q4 2019 included 40 closed deals, according to data published by industry data tracker FactSet.

Kaman Aerospace Group, Inc., a subsidiary company of Kaman Corp, acquired Bal Seal Engineering, Inc. for US$330 million in cash, subject to customary adjustments for net debt and working capital. Kaman Aerospace Group manufactures aircraft components and aero structures. Bal Seal Engineering manufactures coil springs. The Company offers sealing, connecting, conducting, electromagnetic interference shielding, and grounding components.

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M&A Quarterly News In The Plastics and Rubber Industry Sector

By Jim Zipursky | Nov 27, 2019

The report below gives a good overview of the fourth quarter M&A activity in the Plastics and Rubber Industry Sector. M&A activity for North American based target companies in the Plastics and Rubber sector for Q3 2019 included 19 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in July when HEXPOL AB acquired Preferred Compounding Corp, a portfolio company of Audax Private Equity, for approximately US$232 million in cash. The transaction expands the business portfolio of HEXPOL AB. With 540+ employees, Preferred Compounding Corp is located in Copley, Ohio and manufactures organic rubber compounds.

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M&A Quarterly News In The Metal Fabrication Industry Sector

By Jim Zipursky | Nov 22, 2019

The report below gives a good overview of the fourth quarter M&A activity in the Metal Fabrication Industry Sector. M&A activity for North American based target companies in the Metal Fabrication sector for Q3 2019 included 44 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in September when a private group led by KCM Capital Partners LLC, Five Points Capital Inc, PNC Mezzanine Capital Corp and management of Industrial Valve Sales & Services, Inc., acquired Industrial Valve Sales & for an undisclosed amount in cash. The transaction enhances Industrial Valve Sales & Services’ service opportunities. Founded in 1975, Industrial Valve Sales & Services is located in Alabama and provides valve services and products.

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M&A Quarterly News In The Plastics and Rubber Industry Sector

By Jim Zipursky | Sep 12, 2019

The report below gives a good overview of the third quarter M&A activity in the Plastics and Rubber Industry Sector. M&A activity for North American based target companies in the Plastics and Rubber sector for Q2 2019 included 24 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in May when EPTAM Precision, a subsidiary of EPTAM Plastics Ltd. and a portfolio company of New Heritage Capital LLC, acquired Micro Molding, Inc. for an undisclosed amount. The transaction also includes MedConnection LLC. Micro Molding is located in Phillipsburg, New Jersey and manufactures precision plastic injection components specializing in precision injection molding, catheter tipping, finishing and assembly.

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M&A Quarterly News In The Metal Fabrication Industry Sector

By Jim Zipursky | Sep 03, 2019

The report below gives a good overview of the third quarter M&A activity in the Metal Fabrication Industry Sector. M&A activity for North American based target companies in the Metal Fabrication sector for Q2 2019 included 37 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in April when Montage Partners LLC acquired Advanced Manufacturing & Development, Inc., trading as METALfx, a subsidiary of Avista Corp, for an undisclosed amount in cash. Montage Partners is a private equity firm located in Scottsdale, Arizona. Advanced Manufacturing & Development manufactures sheet metal products. The firm offers laser cutting, welding, painting and powder coating, punching and stamping, forming and CNC machining. The company was founded by in 1976 and is headquartered in Willits, CA.

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M&A Quarterly News In The Plastics and Rubber Industry Sector

By Jim Zipursky | Jun 17, 2019

The report below gives a good overview of the second quarter M&A activity in the Plastics and Rubber Industry Sector. M&A activity for North American based target companies in the Plastics and Rubber sector for Q1 2019 included 27 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions was announced in March when One Rock Capital Partners LLC acquired the assets related to the Process Solutions Business of Newell Brands, Inc. for US$500 million. The transaction includes Plastic Solutions, Consumer Table top, Zinc Products and Applied Materials. The acquired business is involved in manufacturing plastic products. The transaction was subject to customary closing conditions, including regulatory approvals.

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M&A Quarterly News In The Metal Fabrication Industry Sector

By Jim Zipursky | May 16, 2019

The report below gives a good overview of the second quarter M&A activity in the Metal Fabrication Industry Sector. M&A activity for North American based target companies in the Metal Fabrication sector for Q1 2019 included 55 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions was announced in March when Tribus Aerospace LLC, a portfolio company of Shorehill Capital LLC acquired Midwest Precision LLC for an undisclosed amount. Antares Capital Corp provided debt and equity capital to Tribus Aerospace. The acquisition aims to expand the service offerings of Tribus Aerospace. Founded in 1953, Midwest Precision is located in Eastlake, Ohio and provides contract manufacturing services in precision machining of stainless steel, aluminum and exotic materials.

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M&A Quarterly News In The Plastics and Rubber Industry Sector

By Jim Zipursky | Mar 20, 2019

The report below gives a good overview of the first quarter M&A activity in the Plastics and Rubber Industry Sector. M&A activity for North American based target companies in the Plastic and Rubber sector for Q4 2018 included 25 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions closed in November when VisiPak, Inc., a subsidiary of Sinclair & Rush Inc, acquired Masterpac Corp for an undisclosed amount. The transaction allows VisiPak to enter into the medical packaging business and strengthen its product offerings in the consumer and industrial packaging market. Masterpac Corp is located in St. Louis, Missouri and manufactures thermoformed finished plastics products.

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M&A Quarterly News In The Metal Fabrication Industry Sector

By Jim Zipursky | Mar 19, 2019

The report below gives a good overview of the first quarter M&A activity in the Metal Fabrication Industry Sector. M&A activity for North American based target companies in the Metal Fabrication sector for Q4 2018 included 27 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions closed in October when Premier Thermal Solutions LLC, a portfolio company of Z Capital Partners LLC, acquired Alfe Heat Treating, Inc. for an undisclosed amount. The acquisition would expand Premier Thermal Solutions’ ferrous and aluminum heat treating services. Alfe Heat Treating is located in Indiana and provides aluminum commercial heat treatment services.

Industry Indicators

  • US durable goods manufacturers’ shipments of fabricated metal products, an indicator of fabricated metal parts production, rose 9.4% year-to-date in October 2018 compared to the same period in 2017.
  • US steel mill product prices, an indicator of commodity steel costs for fabricated metal products manufacturers, rose 18.5% in December 2018 compared to the same month in 2017.

Posted by Jim Zipursky.

Read the Entire Metal Fabrication 1st Quarter Newsletter Here