M&A Deal Summary

CMI Acquires Engineered Plastic Systems

On April 1, 2020, CMI acquired plastics company Engineered Plastic Systems

Acquisition Highlights
  • This is CMI’s 1st transaction in the Plastics sector.
  • This is CMI’s 2nd transaction in the United States.
  • This is CMI’s 1st transaction in Illinois.

M&A Deal Summary
Date 2020-04-01
Target Engineered Plastic Systems
Sector Plastics
Buyer(s) CMI
Deal Type Add-on Acquisition
Advisor(s) SLATE Partners LLC (Financial)

Target

Engineered Plastic Systems

Elgin, Illinois, United States
Engineered Plastic Systems LLC engineers and manufactures high-density polyethylene (HDPE) board used in a variety of applications, primarily decking, railing, and park products, among others. EPS markets its products under the Lumberock, Bear Board, and Perennial Park Products brands and its products are known for their superior performance in marine-based environments. The Company serves customers across a variety of residential and non-residential end markets throughout all 50 states and internationally on a select basis. EPS fulfills sales directly through its online sales channel and sales team, as well as through its distributor and dealer networks. EPS was founded in 2000 and headquartered in the Chicago suburb of Elgin, Illinois.

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Buyer(S) 1

Buyer

CMI

Marietta, Georgia, United States
Category Company
Founded 1987
Sector Manufacturing
DESCRIPTION

CMI is a manufacturer of marine vinyl sheet piling and benefits. CMI’s product line includes vinyl, composite, and aluminum sheet piling for cut-off & containment, flood protection, and water control as well as aluminum docks and access bridges used primarily for access to marine locations. CMI customers include distributors, contractors, engineering firms, commercial institutions (hotels, oil refineries, etc), and government entities. CMI was founded in 1987 and is based in Marietta, Georgia.

DEAL STATS #
Overall 2 of 2
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-14 Mantle Industries

Blaine, Washington, United States

Mantle Industries, Inc. is a producer of aluminum ramps, gangways, catwalks and bridges used in marine environments. Mantle Industries, Inc. was founded in 1983 and is based in Blaine, Washington.

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