M&A Deal Summary

Plas-fit Acquires Tavlit Plastic

On November 17, 2022, Plas-fit acquired plastics company Tavlit Plastic

Acquisition Highlights
  • This is Plas-fit’s 1st transaction in the Plastics sector.
  • This is Plas-fit’s 1st transaction in Israel.

M&A Deal Summary

Date 2022-11-17
Target Tavlit Plastic
Sector Plastics
Buyer(s) Plas-fit
Deal Type Add-on Acquisition

Target

Tavlit Plastic

Yavne, Israel
Tavlit Plastic offers a wide range of high-end and high quality water fittings which includes valves, connectors, swivel fittings and swivel manifolds, threaded fittings and many accessories for drip irrigation and micro irrigation. Tavlit Plastic was founded in 1971 and is based in Yavne, Israel.

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Buyer(S) 1

Buyer

Plas-fit

Misgav, Israel

Category Company
Founded 1980
Sector Plastics
DESCRIPTION

Plas-fit develops and manufactures plastic fittings and connectors, mainly for PE plastic pipes designated for liquids transmission and communication lines, via injection molding. Plasfit’s products are used globally in the farming & gardening, communication, and building & infrastructure industries. Plas-fit was founded in 1980 and is based in Misgav, Israel.


DEAL STATS #
Overall 1 of 1
Sector: Plastics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2022 M&A 1 of 1