M&A Deal Summary

Scepter Canada Acquires Blitz U.S.A.

On July 1, 2012, Scepter Canada acquired plastics company Blitz U.S.A. from Kinderhook Industries

Acquisition Highlights
  • This is Scepter Canada’s 1st transaction in the Plastics sector.
  • This is Scepter Canada’s 1st transaction in the United States.
  • This is Scepter Canada’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2012-07-01
Target Blitz U.S.A.
Sector Plastics
Buyer(s) Scepter Canada
Sellers(s) Kinderhook Industries
Deal Type Add-on Acquisition
Advisor(s) SSG Capital Advisors (Financial)

Target

Blitz U.S.A.

Miami, Oklahoma, United States
Blitz USA, Inc. is the manufacturer of plastic gas containers in the world and is a recognized brand name throughout retail chains in the United States.

Search 197,704 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

Scepter Canada

Scarborough, Ontario, Canada

Category Company
Founded 1949
Sector Safety/Security
DESCRIPTION

Scepter introduced the first plastic Jerry cans to North American markets.


DEAL STATS #
Overall 1 of 1
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1

Seller(S) 1

SELLER

Kinderhook Industries

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kinderhook Industries targets control investments in companies valued between $25 to $250 million. Prospective transaction situations include acquiring non-core divisions of public companies, existing small capitalization companies lacking institutional support, management buyouts of entrepreneurial-owned businesses, and troubled companies. Sectors of interest include consumer products and services, media, packaging, industrial products, communications, and business services. Kinderhook Industries was formed in 2003 and is based in New York, New York.


DEAL STATS #
Overall 9 of 40
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 7 of 31
State (Oklahoma) 1 of 1
Country (United States) 8 of 39
Year (2012) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-11 EAM

Jesup, Georgia, United States

EAM Corp. develops and manufactures two proprietary, patented absorbent material, NovaThin and NovaZorb, engineered from a blend of specialty fluff pulp and super absorbent polymers to produce a highly dense, yet thin, absorbent web. NovaThin and Novazorb serve as a pre-formed, absorbent core for use in personal care applications, such as feminine hygiene, adult incontinence, baby diapers, and training pants.

Sell $61M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-13 Rizzo Environmental Services

Sterling Heights, Michigan, United States

Rizzo Environmental Services, Inc. is a provider of collection services in 16 municipalities throughout Southeast Michigan. Company provides curbside collection for municipal solid waste, recycling, and compost to municipalities.

Buy -