M&A Deal Summary

Avient Acquires Polystrand

On July 26, 2016, Avient acquired plastics company Polystrand from Gordon Holdings

Acquisition Highlights
  • This is Avient’s 9th transaction in the Plastics sector.
  • This is Avient’s 9th transaction in the United States.
  • This is Avient’s 2nd transaction in Colorado.

M&A Deal Summary
Date 2016-07-26
Target Polystrand
Sector Plastics
Buyer(s) Avient
Sellers(s) Gordon Holdings
Deal Type Divestiture

Target

Polystrand

Englewood, Colorado, United States
Polystrand, Inc. is a provider of continuous reinforced thermoplastic composite technology, a next generation material science that delivers the high strength and lightweight characteristics of composites, further enhanced with the design flexibility to form more complex shapes.

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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 11 of 20
Sector (Plastics) 9 of 15
Type (Divestiture) 5 of 7
State (Colorado) 2 of 2
Country (United States) 9 of 14
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Gordon Composites

Montrose, Colorado, United States

Gordon Composites, Inc. is a developer of high strength profiles and laminates for use in vertical and crossbow archery, sports and recreation equipment, prosthetics, and office furniture systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 SilCoTec

La Porte, Indiana, United States

SilCoTec, Inc. is a manufacturer of silicone based color masterbatch concentrates. SilCoTec, Inc. was established in 1991 and is headquartered in La Porte, Indiana.

Buy -

Seller(S) 1

SELLER

Gordon Holdings

Montrose, Colorado, United States
Category Company
Sector Plastics
DESCRIPTION

Gordon Holdings, Inc. is a provider of specialized polymer materials services and solutions.

DEAL STATS #
Overall 2 of 2
Sector (Plastics) 2 of 2
Type (Divestiture) 2 of 2
State (Colorado) 2 of 2
Country (United States) 2 of 2
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Gordon Composites

Montrose, Colorado, United States

Gordon Composites, Inc. is a developer of high strength profiles and laminates for use in vertical and crossbow archery, sports and recreation equipment, prosthetics, and office furniture systems.

Sell -
Mergr

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