Add-on Acquisition • Plastics

Newbury Franklin Industrials Acquires Metro Plastics

On April 28, 2022, Newbury Franklin Industrials acquired plastics company Metro Plastics

Acquisition Context
  • This is Newbury Franklin Industrials’ 1st transaction in the Plastics sector.
  • This is Newbury Franklin Industrials’ 1st transaction in the United States.
  • This is Newbury Franklin Industrials’ 1st transaction in Indiana.

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M&A Deal Summary

Date April 28, 2022
Target Metro Plastics
Sector Plastics
Buyer(s) Newbury Franklin Industrials
Deal Type Add-on Acquisition
Advisor(s) Generational Capital Markets (Financial)

Target Company

Metro Plastics

Noblesville, Indiana, United States
Metro Plastics is a custom plastic injection molding company that has integrated the Internet of Things (IoT) into its smart manufacturing operations. Metro Plastics was founded in 1975 and is based in Noblesville, Indiana.
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Buyer Overview 1

Buyer

Newbury Franklin Industrials

Newburyport, Massachusetts, United States

Category Company
Sector Manufacturing
DESCRIPTION

Newbury Franklin Industrials is a value-added manufacturer and supplier of consumable industrial components for the North American maintenance, repair, and operations (“MRO”) market and other related products and service categories for industrial businesses and institutions. Newbury Franklin Industrials is based in Newburyport, Massachusetts.


Deal Context for Buyer #
Overall 1 of 1
Sector: Plastics 1 of 1
Type: Add-on Acquisition 1 of 1
State: Indiana 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1