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  6. Chem-Trend Acquires Ultra Purge

M&A Deal Summary

Chem-Trend Acquires Ultra Purge

On September 20, 2016, Chem-Trend acquired plastics company Ultra Purge from Moulds Plus International Srl

Acquisition Highlights
  • This is Chem-Trend’s 1st transaction in the Plastics sector.
  • This is Chem-Trend’s 2nd transaction in the United States.
  • This is Chem-Trend’s 1st transaction in California.

M&A Deal Summary
Date 2016-09-20
Target Ultra Purge
Sector Plastics
Buyer(s) Chem-Trend
Sellers(s) Moulds Plus International Srl
Deal Type Divestiture

Target

Ultra Purge

Santa Ana, California, United States
Ultra Purge is a well-known high performance line of purging compound technologies sold throughout North America, Europe and parts of Asia and South America. The Ultra Purge line of purging compounds covers a broad range of thermoplastics applications, including injection molding, hot runners, caps and closures, PET preforms, blow molding extrusion, film extrusion, automotive and more.

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Buyer(S) 1

Buyer

Chem-Trend

Howell, Michigan, United States
Category Company
Founded 1960
Sector Chemicals
DESCRIPTION

Chem-Trend L.P. engages in the development, production and supply of specialized mold release agents. Company have over 50 years of experience making high performance release agents, die lubricants, tire paints, purge compounds and ancillary products related to molding, casting and forming operations.

DEAL STATS #
Overall 2 of 2
Sector: Plastics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-13 Huron Technologies

Leslie, Michigan, United States

Huron Technologies, Inc. is a worldwide source of customized mold release agents and related products for multiple molding applications.

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Seller(S) 1

SELLER

Moulds Plus International Srl

Villalvernia, Italy
Category Company
Sector Plastics
DESCRIPTION

Moulds Plus International Srl is a provider of engineering and design services for the plastics industry. With our 4000 square metres production facility, company offer in-house engineering and design.

DEAL STATS #
Overall 1 of 1
Sector: Plastics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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