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  6. Essentra Acquires Richco

M&A Deal Summary

Essentra Acquires Richco

On November 18, 2011, Essentra acquired plastics company Richco for 110M USD

Acquisition Highlights
  • This is Essentra’s 1st transaction in the Plastics sector.
  • This is Essentra’s 3rd largest (disclosed) transaction.
  • This is Essentra’s 4th transaction in the United States.
  • This is Essentra’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2011-11-18
Target Richco
Sector Plastics
Buyer(s) Essentra
Deal Type Add-on Acquisition
Deal Value 110M USD

Target

Richco

Morton Grove, Illinois, United States
Richco, Inc. is an international designer, manufacturer and distributor of engineered plastic and elastomeric solutions for fastening and cable management applications in diverse and growing end markets. These markets include consumer electronics, industrial, telecom / datacom and white goods / appliances. Based in the U.S., Richco generates over 70% of its revenues outside North America, with management, manufacturing, engineering and sales and marketing in North America, Europe and Asia.

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Buyer(S) 1

Buyer

Essentra

Oxford, United Kingdom
Category Company
Founded 2005
Sector Plastics
Employees2,880
Revenue 302M GBP (2024)
DESCRIPTION

Essentra is a provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded, and metal items. Essentra was founded in 2005 and is based in Oxford, England.

DEAL STATS #
Overall 6 of 22
Sector: Plastics M&A 1 of 3
Type: Add-on Acquisition M&A Deals 6 of 21
State: Illinois M&A 2 of 3
Country: United States M&A 4 of 8
Year: 2011 M&A 2 of 2
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-24 Reid Supply Co.

Muskegon, Michigan, United States

Reid Supply Co. is a distributor of standard industrial components, including hardware, handles, clamps and fasteners, to a vast range of markets and customers via a catalogue.

Buy $32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-22 Securit World

Kidlington, United Kingdom

Securit distributes desktop personal identification (“ID”) card systems, providing printers, software and associated accessories across a wide range of growing end-markets, including Trade Distribution, Education, Government, Health and General Industry.

Buy £6M
Mergr

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