Plasman - M&A Summary, Ownership, and Business Overview

AutomotiveCompany

Plasman M&A Summary

Plasman has acquired 4 companies of its own, including 1 in the last 5 years.

Plasman has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include automotive (50%) and chemicals (25%).

Plasman Ownership

Who owns Plasman?

Plasman is owned by MiddleGround Capital. It was acquired on October 25, 2021.

Is Plasman PE-backed?

Yes. Plasman is owned by private equity investor MiddleGround Capital.

Was Plasman formerly PE-backed?

Yes. Plasman was formerly owned by 1 private investor.

Plasman Business Overview

Where is Plasman headquartered?

Plasman is headquartered in Windsor, Ontario.

How many employees does Plasman have?

Plasman has 4,300 employees.

What sector is Plasman in?

Plasman is an automotive company.

When was Plasman founded?

Plasman was founded in 1978.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

Plasman

Plasman Plastics, Inc.

5245 Burke Street,
Windsor, Ontario N9G 0B9
Canada,
(519) 737-6984
www.plasman.com

Plasman is a designer and manufacturer of Class A exterior trim products and sub-systems to a variety of OEM and Tier 1 customers. Plasman offers fully integrated design, engineering, tooling, molding, finishing (painting and chroming), and assembly capabilities. Plasman was founded in 1978 and is based in Windsor, Ontario.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 - 1 - - - 4
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
Minghua USA, Inc. 2021-10-12 - Add-on Acquisition
Greer, South Carolina
Plastal Industri AB 2016-05-26 - Divestiture
Kungalv, Sweden · www.plastal.com
Thermotech, Inc. 2015-05-21 - Divestiture
Hopkins, Minnesota · www.thermotech.com
A-Brite Plating Company 2015-05-21 - Add-on Acquisition
Cleveland, Ohio · www.abriteplating.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 2 (50%) - - -
Chemicals 1 (25%) - - -
Plastics 1 (25%) - - -
Total 4 - - -

By Geo

State/Country Buy Value Sell Value
United States 3 - - -
  South Carolina 1 - - -
  Ohio 1 - - -
  Minnesota 1 - - -
Sweden 1 - - -
Domestic - - - -
Cross-border 4 (100%) - - -
Total 4 - - -

M&A Connections

Deals
Acquired from
Strategic(s)
50%
2 (50%)

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