M&A Deal Summary

Myers Industries Acquires Elkhart Plastics

On November 10, 2020, Myers Industries acquired plastics company Elkhart Plastics

Acquisition Highlights
  • This is Myers Industries’ 1st transaction in the Plastics sector.
  • This is Myers Industries’ 4th transaction in the United States.
  • This is Myers Industries’ 1st transaction in Indiana.

M&A Deal Summary
Date 2020-11-10
Target Elkhart Plastics
Sector Plastics
Buyer(s) Myers Industries
Deal Type Add-on Acquisition

Target

Elkhart Plastics

South Bend, Indiana, United States
Elkhart Plastics, Inc. is a manufacturer of polymer products for the recreational vehicle, marine, agriculture, construction, truck, and other industries. Elkhart Plastics was founded in 1988 and is based in South Bend, Indiana.

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Buyer(S) 1

Buyer

Myers Industries

Akron, Ohio, United States
Category Company
Founded 1933
Sector Manufacturing
Employees2,500
Revenue 813M USD (2023)
DESCRIPTION

Myers Industries is a diversified, international plastics manufacturer of returnable packaging, storage and safety products and specialty molding. The Company is also the largest wholesale tire repair supply distributor in the United States. Myers Industries was founded in 1933 and is based in Akron, Ohio.

DEAL STATS #
Overall 5 of 8
Sector (Plastics) 1 of 2
Type (Add-on Acquisition) 5 of 8
State (Indiana) 1 of 1
Country (United States) 4 of 7
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-26 Tuffy Manufacturing Industries

Cuyahoga Falls, Ohio, United States

Tuffy Manufacturing Industries, Inc. is a warehouse distributor of automotive and heavy-duty truck service-related parts, tools and accessories to tire dealers, retreaders and the trucking industry. Tuffy Manufacturing Industries was founded in 1964 and is based in Cuyahoga Falls, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Trilogy Plastics

Alliance, Ohio, United States

Trilogy Plastics is a rotational molder specializing in high quality, high tolerance parts and assemblies. Trilogy Plastics manufactures custom products for the industrial, consumer, lawn and garden, heavy truck, medical and other markets. Trilogy Plastics was founded in 1987 and is based in Alliance, Ohio.

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