M&A Deal Summary

NewCo Plastics Acquires Magenta

On May 13, 2024, NewCo Plastics acquired packaging company Magenta

Acquisition Highlights
  • This is NewCo Plastics’ 2nd transaction in the Packaging sector.
  • This is NewCo Plastics’ 2nd transaction in the United States.
  • This is NewCo Plastics’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2024-05-13
Target Magenta
Sector Packaging
Buyer(s) NewCo Plastics
Deal Type Add-on Acquisition

Target

Magenta

Lockport, Illinois, United States
Magenta is a specialized provider of injection-molded products, assemblies, and packaging solutions to end markets. The company supplies both custom and stock products to the medical, pharmaceutical, personal care, food & beverage, and other end markets. Magenta was formed in 1969 and is based in Lockport, Illinois.

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Buyer(S) 1

Buyer

NewCo Plastics

Miami, Florida, United States

Category Company
Founded 2020
Sector Plastics
DESCRIPTION

NewCo Plastics is a manufacturer of injection molded plastic and hard coated products,. NewCo Plastics was founded in 2020 and is based in Miami, Florida.


DEAL STATS #
Overall 2 of 2
Sector (Packaging) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Illinois) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-31 PM Mold

Schaumburg, Illinois, United States

PM Mold is a vertically integrated manufacturer of custom plastic injection molded parts and custom molds. PM Mold was founded in 1963 and is based in Schaumburg, Illinois.

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