M&A Deal Summary

Altium Packaging Acquires Sonic Plastics Enterprises

On May 24, 2019, Altium Packaging acquired plastics company Sonic Plastics Enterprises

Acquisition Highlights
  • This is Altium Packaging’s 8th transaction in the Plastics sector.
  • This is Altium Packaging’s 5th transaction in the United States.
  • This is Altium Packaging’s 1st transaction in Utah.

M&A Deal Summary

Date 2019-05-24
Target Sonic Plastics Enterprises
Sector Plastics
Buyer(s) Altium Packaging
Deal Type Add-on Acquisition

Target

Sonic Plastics Enterprises

Lindon, Utah, United States
Sonic Plastics Enterprises LLC specializes in manufacturing HDPE plastic bottles through extrusion blow molding. Sonic Plastics Enterprises LLC is a full-service manufacturer of blow molded bottles and containers.

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Buyer(S) 1

Buyer

Altium Packaging

Atlanta, Georgia, United States

Category Company
Founded 1999
Sector Packaging
DESCRIPTION
Altium Packaging's headquarters in Atlanta, Georgia.
Altium Packaging's headquarters in Atlanta, Georgia.

Altium Packaging is a customer-centric packaging solutions provider and manufacturer. Altium specializes in customized mid- and short-run packaging solutions, serving a diverse customer base in the pharmaceutical, dairy, household chemicals, food/nutraceuticals, industrial/specialty chemicals, water, and beverage/juice segment. Altium Packaging was founded in 1999 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 9 of 11
Sector: Plastics M&A 8 of 9
Type: Add-on Acquisition M&A Deals 6 of 8
State: Utah M&A 1 of 1
Country: United States M&A 5 of 7
Year: 2019 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-26 Plastique Micron

Sainte-Claire, Quebec, Canada

Plastique Micron is one of the largest manufacturers of plastic containers in eastern Canada. PMI has three plants strategically located in Quebec and Ontario, (Anjou, Orangeville, and Sainte-Claire, Bellechasse in Québec). Plastique Micron provides quality products and services to PMI’s domestic and multinational customers across the pharmaceutical, nutraceuticals, healthcare, food, industrial chemical, and cosmetics industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Tri State Distribution

Sparta, Tennessee, United States

Tri State Distribution, Inc. is a retail pharmaceutical packaging solutions provider. Tri State Distribution is based in Sparta, Tennessee.

Buy -