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Exit and Growth Strategies for Middle Market Businesses

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.

Industry Indicators

  • US nondurable goods manufacturers’ shipments of chemical products, an indicator of demand for plastic resin and synthetic fibers, rose 5.4% year-to-date in November 2018 compared to the same period in 2017.
  • The spot price of crude oil, a key raw material in plastic resin and synthetic fiber manufacturing, fell 13.7% in the week ending February 8, 2019, compared to the same week in 2018.

Posted by Jim Zipursky.

Read the Entire Plastics and Rubber 1st Quarter Newsletter Here


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