M&A Deal Summary

DAK Americas Acquires Perpetual Recycling Solutions

On February 5, 2019, DAK Americas acquired environmental company Perpetual Recycling Solutions

Acquisition Highlights
  • This is DAK Americas’ 1st transaction in the Environmental sector.
  • This is DAK Americas’ 1st transaction in the United States.
  • This is DAK Americas’ 1st transaction in Indiana.

M&A Deal Summary

Date 2019-02-05
Target Perpetual Recycling Solutions
Sector Environmental
Buyer(s) DAK Americas
Deal Type Add-on Acquisition

Target

Perpetual Recycling Solutions

Richmond, Indiana, United States
Perpetual Recycling Solutions LLC is a provider of post-consumer plastic recycler and producer of rPET flake. Perpetual Recycling Solutions was founded in 2012 and is based in Richmond, Indiana.

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Buyer(S) 1

Buyer

DAK Americas

Charlotte, North Carolina, United States

Category Company
Sector Chemicals
DESCRIPTION

DAK Americas LLC is an integrated producer of PET resins in the world and the main producer of polyester staple fibers in the Americas. DAK is comprised of five business units: Polyethylene Terephthalate Resins (PET), Polyesters Staple Fibers (PSF), Monomers/ingredients (TPA/PTA), Specialty Polymers and Green Polyester.


DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1