M&A Deal Summary

Oben Group Acquires Terphane

On November 1, 2024, Oben Group acquired manufacturer Terphane from Tredegar for 116M USD

Acquisition Highlights
  • This is Oben Group’s 1st transaction in the Manufacturing sector.
  • This is Oben Group’s largest (disclosed) transaction.
  • This is Oben Group’s 1st transaction in the United States.
  • This is Oben Group’s 1st transaction in New York.

M&A Deal Summary
Date 2024-11-01
Target Terphane
Sector Manufacturing
Buyer(s) Oben Group
Sellers(s) Tredegar
Deal Type Divestiture
Deal Value 116M USD

Target

Terphane

Bloomfield, New York, United States
Terphane is a manufacturer of specialty polyester films with advanced manufacturing research and development. It offers various PET film products, including coated, treated, metallized, white, surface-modified, matte, and sealable films. Terphane’s packaging product line includes plain/corona treated, one and two-side treated, barrier, matte and pigmented, and one side treated UV stable polyester films, as well as metallized films and products that are designed to seal to themselves and other substrates. Terphane was founded in 1976 and is based in Bloomfield, New York.

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Buyer(S) 1

Buyer

Oben Group

Lima, Peru
Category Company
Founded 1991
Sector Plastics
DESCRIPTION

Oben Group is a provider of developing, manufacturing, and commercializing polypropylene, polyester, and polyamide films, as well as polypropylene thermoformed products. Oben Group was founded in 1991 and is based in Lima, Peru.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Tredegar

Richmond, Virginia, United States
Category Company
Founded 1955
Sector Plastics
Employees1,900
Revenue 705M USD (2023)
DESCRIPTION

Tredegar is a manufacturer of plastic films and aluminum extrusions. The company operates manufacturing facilities in North America, South America, Europe, and Asia. Tredegar was founded in 1955 and is based in Richmond, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-17 Terphane

Bloomfield, New York, United States

Terphane is a manufacturer of specialty polyester films with advanced manufacturing research and development. It offers various PET film products, including coated, treated, metallized, white, surface-modified, matte, and sealable films. Terphane’s packaging product line includes plain/corona treated, one and two-side treated, barrier, matte and pigmented, and one side treated UV stable polyester films, as well as metallized films and products that are designed to seal to themselves and other substrates. Terphane was founded in 1976 and is based in Bloomfield, New York.

Buy $188M
Mergr

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