1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. China >
  5. Avient Acquires Ngai Hing Hong Plastic Materials

M&A Deal Summary

Avient Acquires Ngai Hing Hong Plastic Materials

On January 11, 2008, Avient acquired plastics company Ngai Hing Hong Plastic Materials

Acquisition Highlights
  • This is Avient’s 2nd transaction in the Plastics sector.
  • This is Avient’s 1st transaction in China.

M&A Deal Summary
Date 2008-01-11
Target Ngai Hing Hong Plastic Materials
Sector Plastics
Buyer(s) Avient
Deal Type Add-on Acquisition

Target

Ngai Hing Hong Plastic Materials

Hong Kong, China
Ngai Hing Hong Plastic Materials (Hong Kong) Ltd. is a provider of brands of plastics resins; ranging from general application commodity plastics to high performance engineering plastics such as Nylon, Acetal, Thermoplastic Elastomer and etc.

Search 205,240 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

Avient

Avon Lake, Ohio, United States
Category Company
Founded 1885
Sector Plastics
Employees9,300
Revenue 3.1B USD (2023)
DESCRIPTION

Avient is a provider of specialized polymer materials, services and solutions. Avient was incorporated in 1885 and is based in Avon Lake, Ohio.

DEAL STATS #
Overall 2 of 20
Sector (Plastics) 2 of 15
Type (Add-on Acquisition) 2 of 13
Country (China) 1 of 1
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-14 GLS

McHenry, Illinois, United States

GLS Corp. is a provider of specialty thermoplastic elastomer compounds for consumer and medical applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-23 NEU Specialty Engineered Materials

North Haven, Connecticut, United States

NEU Specialty Engineered Materials LLC is a provider of polymer solutions serving healthcare manufacturers worldwide.

Buy $12M
Mergr

Product

Company

Legal