M&A Deal Summary

Avient Acquires PlastiComp

On June 1, 2018, Avient acquired plastics company PlastiComp

Acquisition Highlights
  • This is Avient’s 13th transaction in the Plastics sector.
  • This is Avient’s 13th transaction in the United States.
  • This is Avient’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2018-06-01
Target PlastiComp
Sector Plastics
Buyer(s) Avient
Deal Type Add-on Acquisition

Target

PlastiComp

Winona, Minnesota, United States
PlastiComp, Inc. is an advanced engineered materials innovator and producer of specialty composites. PlastiComp is based in Winona, Minnesota.

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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 17 of 20
Sector (Plastics) 13 of 15
Type (Add-on Acquisition) 12 of 13
State (Minnesota) 1 of 1
Country (United States) 13 of 14
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 IQAP Masterbatch Group

Barcelona, Spain

IQAP Masterbatch Group is a provider of specialty colorants and additives. IQAP produces and distributes colorants and additives for plastics, textile and cable manufacturers. IQAP Masterbatch Group was established in 1979 and is based in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-02 Fiber-Line

Hatfield, Pennsylvania, United States

Fiber-Line, Inc. is a manufacturer of high-performance, coated fibers. Fiber-Line takes raw fiber and applies proprietary, innovative coatings in a specialized manufacturing process (which includes twisting, winding and splicing) to enhance the performance characteristics of the fiber for use in a variety of industries, including fiber optics, oil & gas, composites and industrial. Fiber-Line, Inc. was founded in 1987 and is based in Hatfield, Pennsylvania.

Buy $120M
Mergr

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