Add-on Acquisition • Packaging

MRP Solutions Acquires Weatherchem

On November 30, 2012, MRP Solutions acquired packaging company Weatherchem

Acquisition Context
  • This is MRP Solutions’ 2nd transaction in the Packaging sector.
  • This is MRP Solutions’ 2nd transaction in the United States.
  • This is MRP Solutions’ 1st transaction in Ohio.

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M&A Deal Summary

Date November 30, 2012
Target Weatherchem
Sector Packaging
Buyer(s) MRP Solutions
Deal Type Add-on Acquisition

Target Company

Weatherchem

Twinsburg, Ohio, United States
Founded in 1971, Weatherchem established itself in the packaging industry with its creative line of plastic dispensing closures for containers and bottles. Mold-Rite Plastics, which is owned by private equity firm Irving Place Capital, will retain the Weatherchem name to leverage the company’s substantial brand equity as they have done with Stull Technologies.
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Buyer Overview 1

Buyer

MRP Solutions

Plattsburgh, New York, United States

Category Company
Sector Plastics
DESCRIPTION

MRP Solutions designs and manufactures rigid plastic packaging components used by millions of consumers in a diverse set of end-markets, with a primary focus on the health and wellness verticals. The Company has a library of 900+ tools used to support a product offering of 10,000+ SKUs and the ability to create a meaningfully higher count of variations. MRP Solutions is based in Plattsburgh, New York.


Deal Context for Buyer #
Overall 2 of 2
Sector: Packaging 2 of 2
Type: Add-on Acquisition 2 of 2
State: Ohio 1 of 1
Country: United States 2 of 2
Year: 2012 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-19 Stull Technologies

Somerset, New Jersey, United States

Stull Technologies, Inc. designs, develops, and manufactures dispensing closures, caps, lids, and packaging components.

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