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M&A Deal Summary

Parkway Products Acquires ITECH Plastics

On April 29, 2019, Parkway Products acquired plastics company ITECH Plastics

Acquisition Highlights
  • This is Parkway Products’ 2nd transaction in the Plastics sector.
  • This is Parkway Products’ 2nd transaction in the United States.
  • This is Parkway Products’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2019-04-29
Target ITECH Plastics
Sector Plastics
Buyer(s) Parkway Products
Deal Type Add-on Acquisition

Target

ITECH Plastics

Arden, North Carolina, United States
ITECH Plastics is a plastic fabrication company, that provides a broad range of molding based services to a diverse marketplace. ITECH Plastics is based in Arden, North Carolina.

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Buyer(S) 1

Buyer

Parkway Products

Greenville, South Carolina, United States
Category Company
Founded 1946
Sector Plastics
DESCRIPTION

Parkway Products is a supplier of custom plastic and magnesium molded parts to the automotive, aerospace, medical and industrial markets. Parkway Products was founded in 1946 and is based in Greenville, South Carolina.

DEAL STATS #
Overall 2 of 2
Sector: Plastics M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-28 LMR Plastics

Greeneville, Tennessee, United States

LMR Plastics Corp. is a trusted and ethical, financially stable manufacturing company. Company specialize in custom precision injection molding. Company offers exceptional client service combined with our superior capabilities in custom precision injection molding.

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