M&A Deal Summary

Comar Acquires Convergence Packaging

On October 21, 2014, Comar acquired plastics company Convergence Packaging

Acquisition Highlights
  • This is Comar’s 1st transaction in the Plastics sector.
  • This is Comar’s 1st transaction in the United States.

M&A Deal Summary

Date 2014-10-21
Target Convergence Packaging
Sector Plastics
Buyer(s) Comar
Deal Type Merger

Target

Convergence Packaging

United States
Convergence Packaging is a plastic packaging platform that serves the health and nutrition, medical diagnostics, food packaging, household and light industrial markets.

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Buyer(S) 1

Buyer

Comar

Voorhees, New Jersey, United States

Category Company
Founded 1949
Sector Plastics
DESCRIPTION

Comar is a designer and manufacturer of rigid plastic solutions, serving the Medical, Pharmaceutical, Consumer Healthcare, Personal & Home Care, Food & Beverage, and other niche markets. We have a longstanding reputation for developing creative, industry-compliant packaging and dispensing solutions for customers who count on us for quality driven engineering and manufacturing. Comar was founded in 1949 and is based in Voorhees, New Jersey.


DEAL STATS #
Overall 1 of 6
Sector (Plastics) 1 of 4
Type (Merger) 1 of 1
Country (United States) 1 of 6
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-27 ProPlas Technologies

Garden Grove, California, United States

ProPlas Technologies specializes in complex injection molding, assembly, and mold making and serves a variety of end markets including Consumer Goods and Medical Devices. ProPlas operates out of a state-of-the-art 40,000 sq. foot facility with two ISO class 7 and 8 soft walled cleanrooms, 26 molding machines, 5 high speed CNC machines, and maintains an ISO 13485 certification.

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