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  6. GEON Acquires Foster

M&A Deal Summary

GEON Acquires Foster

On January 7, 2025, GEON acquired plastics company Foster

Acquisition Highlights
  • This is GEON’s 1st transaction in the Plastics sector.
  • This is GEON’s 1st transaction in the United States.
  • This is GEON’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2025-01-07
Target Foster
Sector Plastics
Buyer(s) GEON
Deal Type Add-on Acquisition
Advisor(s) Covington Associates (Financial)
Mintz Levin Cohn Ferris Glovsky and Popeo (Legal)

Target

Foster

Putnam, Connecticut, United States
Foster has been serving medical device manufacturers with industry leading technology and service in custom biomedical polymer compounding. Foster was founded in 1989 and is based in Putnam, Connecticut.

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Buyer(S) 1

Buyer

GEON

Westlake, Ohio, United States
Category Company
Sector Plastics
Employees1,100
Revenue 700M USD (2019)
DESCRIPTION

GEON is a provider of formulated PVC and polypropylene-based solutions, as well as contract manufacturing services, primarily serving the North American Construction and Automotive end markets. GEON is based in Westlake, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Plastics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
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