M&A Deal Summary

Foam Holdings Acquires CBIS

On November 3, 2022, Foam Holdings acquired manufacturer CBIS

Acquisition Highlights
  • This is Foam Holdings’ 2nd transaction in the Manufacturing sector.
  • This is Foam Holdings’ 5th transaction in the United States.
  • This is Foam Holdings’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-11-03
Target CBIS
Sector Manufacturing
Buyer(s) Foam Holdings
Deal Type Add-on Acquisition

Target

CBIS

West Brookfield, Massachusetts, United States
CBIS manufactures EPS-preformed concrete block insulation systems and insulated containers used for insulation purposes. Products include HI‑R Energy Efficient Concrete Masonry Units (“CMU”), Wall Systems, Universal Inserts, and custom EPS products. CBIS was founded in 1975 and headquartered in West Brookfield, Massachusetts.

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Buyer(S) 1

Buyer

Foam Holdings

Nashville, Tennessee, United States
Category Company
Founded 2021
Sector Packaging
DESCRIPTION

Foam Holdings is a solutions provider of custom EPS, expanded polypropylene, and ARCEL products in the U.S. and Mexico. Foam Holdings provides shape and block molded materials for the packaging, appliance, building products, cold chain, automotive, consumer, and other general industrial end-markets. Foam Holdings was founded in 2021 and is based in Nashville, Tennessee.

DEAL STATS #
Overall 6 of 7
Sector (Manufacturing) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (Massachusetts) 1 of 1
Country (United States) 5 of 6
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-03 Amvic

Toronto, Ontario, Canada

Amvic is a manufacturer of expanded polystyrene (“EPS”) insulated concrete forms, radiant heat flooring and other construction and insulation products. Amvic was founded in 1997 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-27 Harbor Foam

Grandville, Michigan, United States

Harbor Foam manufactures expanded polystyrene (“EPS”) and serves a diverse customer base across the construction, packaging, recreational vehicles, and general industrial end markets. Harbor Foam is based in Bengaluru, India.

Buy -
Mergr

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