M&A Deal Summary

Formed Fiber Technologies Acquires Martin Color-Fi

On November 24, 2003, Formed Fiber Technologies acquired plastics company Martin Color-Fi from Dimeling Schreiber & Park

Acquisition Highlights
  • This is Formed Fiber Technologies’ 1st transaction in the Plastics sector.
  • This is Formed Fiber Technologies’ 1st transaction in the United States.
  • This is Formed Fiber Technologies’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2003-11-24
Target Martin Color-Fi
Sector Plastics
Buyer(s) Formed Fiber Technologies
Sellers(s) Dimeling Schreiber & Park
Deal Type Add-on Acquisition

Target

Martin Color-Fi

Edgefield, South Carolina, United States
Producers of Polyester and other synthetic fibers from recycled materials for a wide range of markets around the world, including automotive and industrial, based in Edgefield, South Carolina.

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Buyer(S) 1

Buyer

Formed Fiber Technologies

Auburn, Maine, United States
Category Company
Founded 1979
Sector Automotive
DESCRIPTION

Formed Fiber Technologies, Inc. is a manufacturer and supplier of thermoformed automotive non-woven products for North American automotive OEMs and Tier I suppliers. FFT's products are used as trunk liners and for interior trim applications on cars, SUVs and light trucks.

DEAL STATS #
Overall 1 of 1
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2003) 1 of 1

Seller(S) 1

SELLER

Dimeling Schreiber & Park

Philadelphia, Pennsylvania, United States
Category Private Equity Firm
Founded 1982
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Dimeling, Schreiber & Park (DS&P) is a private investment firm that invests in a broad range of middle market companies. The Firm specializes in leveraged acquisitions, recapitalizations and Chapter 11 reorganizations. In addition to investing in private companies, DS&P will also consider opportunities in real estate. Dimeling, Schreiber & Park was formed in 1982 and is based in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 3 of 6
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (South Carolina) 1 of 1
Country (United States) 3 of 6
Year (2003) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-16 Rocky Mountain Holdings

Provo, Utah, United States

Rocky Mountain Holdings LLC, is a provider of air medical emergency transport services and systems.

Sell $28M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-01 Orchids Paper Products

Brentwood, Tennessee, United States

Orchids Paper Products Co. is a manufacturer of tissue paper products serving the private label consumer. Orchid Paper's integrated plants have an estimated parent roll capacity of up to 114,000 tons and an estimated converting capacity of up to 114,500 tons. Additionally, Orchids Paper has an agreement with Fabrica providing access for up to 20,000 tons of converted products for the Western U.S. market.

Sell -
Mergr

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