M&A Deal Summary

Fortis Plastics Acquires Global Thermoplastics

On April 27, 2009, Fortis Plastics acquired plastics company Global Thermoplastics

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

M&A Deal Summary
Date 2009-04-27
Target Global Thermoplastics
Sector Plastics
Buyer(s) Fortis Plastics
Deal Type Add-on Acquisition

Target

Global Thermoplastics

Houston, Texas, United States
Global Thermoplastics, L.P. is a manufacturer of engineered compounds for plastic moulding applications.

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Buyer(S) 1

Buyer

Fortis Plastics

South Bend, Indiana, United States
Category Company
Founded 2008
Sector Plastics
DESCRIPTION

Fortis Plastics is a manufacturer of injection molded and extruded plastic parts for a variety of industries, ranging from appliances and power tools to furniture and medical devices.

DEAL STATS #
Overall 1 of 2
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-28 Nypro - Chihuahua Site

Chihuahua, Mexico

Nypro Chihuahua’s nearly 100,000-ft2 facility features, injection molding. painting, decorating, and cleanroom capabilities.

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Mergr

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