M&A Deal Summary

BMG Acquires GN Thermoforming Equipment

On March 1, 2021, BMG acquired plastics company GN Thermoforming Equipment

Acquisition Highlights
  • This is BMG’s 1st transaction in the Plastics sector.
  • This is BMG’s 1st transaction in Canada.
  • This is BMG’s 1st transaction in Nova Scotia.

M&A Deal Summary

Date 2021-03-01
Target GN Thermoforming Equipment
Sector Plastics
Buyer(s) BMG
Deal Type Add-on Acquisition

Target

GN Thermoforming Equipment

Chester, Nova Scotia, Canada
GN Thermoforming Equipment is a designer and manufacturer of thermoformers for the plastic packaging industry. GN Thermoforming Equipment is based in Chester, Nova Scotia.

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Buyer(S) 1

Buyer

BMG

Beaverton, Michigan, United States

Category Company
Founded 1952
Sector Machinery
DESCRIPTION

BMG is a provider of turnkey thermoforming and packaging systems for the food & beverage market. BMG offers a broad portfolio of highly-engineered thermoforming and automation equipment, in addition to best-in-class tooling and a comprehensive offering of post-sale parts, service and support. BMG was founded in 1952 and is based in Beaverton, Michigan.


DEAL STATS #
Overall 6 of 6
Sector: Plastics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
State: Nova Scotia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-02 Axatronics

Loveland, Ohio, United States

Axatronics supplies robotic solutions for the packaging industry. They design and engineer key processes and innovate hardware solutions for resolving complex manufacturing issues. They are committed to improving plant safety, efficiency, and throughput through innovative engineering. Axatronics was formed in 2014 and is based in Loveland, Ohio.

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