M&A Deal Summary

IPL Acquires Macro Plastics

On May 19, 2017, IPL acquired plastics company Macro Plastics for 150M USD

Acquisition Highlights
  • This is IPL’s 1st transaction in the Plastics sector.
  • This is IPL’s largest (disclosed) transaction.
  • This is IPL’s 2nd transaction in the United States.
  • This is IPL’s 2nd transaction in California.

M&A Deal Summary

Date 2017-05-19
Target Macro Plastics
Sector Plastics
Buyer(s) IPL
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

Macro Plastics

Fairfield, California, United States
Macro Plastics, Inc. is a manufacturer of rigid plastic bulk bins worldwide and is a provider of value added rigid plastic bulk packaging solutions to the agricultural and automotive sectors, and operates some of the largest bulk machines in North America. Macro Plastics, Inc. was founded in 1989 and is headquartered in Fairfield, California.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

IPL

Saint-Damien, Quebec, Canada

Category Company
Founded 1939
Sector Plastics
DESCRIPTION

IPL is engaged in design, manufacturing and marketing of more than 400 moulded, plastic resin-based products through injection and extrusion. IPL was founded in 1939 and is based in Saint-Damien, Quebec.


DEAL STATS #
Overall 2 of 2
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (California) 2 of 2
Country (United States) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Encore Industries

San Jose, California, United States

Encore Industries, Inc. is a producer of rigid plastic packaging products.

Buy $35M