Add-on Acquisition • Chemicals

Citadel Plastics Holdings Acquires The Matrixx Group

On March 14, 2007, Citadel Plastics Holdings acquired chemicals company The Matrixx Group

Acquisition Context
  • This is Citadel Plastics Holdings’ 1st transaction in the Chemicals sector.
  • This is Citadel Plastics Holdings’ 1st transaction in the United States.
  • This is Citadel Plastics Holdings’ 1st transaction in Indiana.

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M&A Deal Summary

Date March 14, 2007
Target The Matrixx Group
Sector Chemicals
Buyer(s) Citadel Plastics Holdings
Deal Type Add-on Acquisition

Target Company

The Matrixx Group

Evansville, Indiana, United States
The Matrixx Group, Inc. compounder of thermoplastic resins serving the power tool, lawn and garden, appliance, automotive, HVAC, electronics and construction markets.
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Buyer Overview 1

Buyer

Citadel Plastics Holdings

West Chicago, Illinois, United States

Category Company
Founded 2007
Sector Plastics
DESCRIPTION

Citadel Plastics Holdings, Inc. is a composite plastics company that produces thermoset and thermoplastic compounds for specialty product applications in the automotive, electrical, construction, HVAC, and appliance markets.


Deal Context for Buyer #
Overall 1 of 3
Sector: Chemicals 1 of 1
Type: Add-on Acquisition 1 of 3
State: Indiana 1 of 2
Country: United States 1 of 3
Year: 2007 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 Lucent Polymers

Evansville, Indiana, United States

Lucent Polymers, Inc. is a supplier of highly engineered compounds that leverages sustainable inputs and has differentiated itself in the U.S. compounding industry through its proven ability to formulate, source and utilize various low-cost feed streams to meet exacting specifications.

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