M&A Deal Summary

Core Molding Technologies Acquires Horizon Plastics International

On January 16, 2018, Core Molding Technologies acquired plastics company Horizon Plastics International for 63M USD

Acquisition Highlights
  • This is Core Molding Technologies’ 2nd transaction in the Plastics sector.
  • This is Core Molding Technologies’ largest (disclosed) transaction.
  • This is Core Molding Technologies’ 1st transaction in Canada.
  • This is Core Molding Technologies’ 1st transaction in Ontario.

M&A Deal Summary
Date 2018-01-16
Target Horizon Plastics International
Sector Plastics
Buyer(s) Core Molding Technologies
Deal Type Add-on Acquisition
Deal Value 63M USD
Advisor(s) STS Capital Partners (Financial)

Target

Horizon Plastics International

Cobourg, Ontario, Canada
website
Horizon Plastics International, Inc. is a custom low-pressure structural plastic molder, which utilizes both structural foam and structural web process technologies. Horizon Plastics International, Inc. was founded in 1972 and is based in Cobourg, Ontario.

Search 193,711 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Core Molding Technologies

Columbus, Ohio, United States

website

Category Company
Founded 1996
Sector Plastics
Employees1,584
Revenue 307M USD (2021)
DESCRIPTION

Core Molding Technologies is a manufacturer of sheet molding compound and a molder of fiberglass reinforced plastics. Core Molding Technologies was founded in 1996 and is based in Columbus, Ohio.

DEAL STATS #
Overall 2 of 2
Sector (Plastics) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-20 CPI Binani

Winona, Minnesota, United States

CPI Binani, Inc. is a producer of direct long-fiber thermoplastics (D-LFT) products, serving the marine, automotive, packaging and other industries.

Buy $15M
Mergr

Product

Company

Legal