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M&A Deal Summary

Plaskolite Acquires MXL Industries

On June 7, 2022, Plaskolite acquired plastics company MXL Industries

Acquisition Highlights
  • This is Plaskolite’s 1st transaction in the Plastics sector.
  • This is Plaskolite’s 2nd transaction in the United States.
  • This is Plaskolite’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2022-06-07
Target MXL Industries
Sector Plastics
Buyer(s) Plaskolite
Deal Type Add-on Acquisition

Target

MXL Industries

Lancaster, Pennsylvania, United States
MXL Industries manufactures specialty-crafted optical plastic parts for various military, motorsport, life safety, medical, aviation, and marine applications. The company offers mold design and construction, injection molding, coating, routing, and assembly capabilities. Using innovations in clear and tint polycarbonate, MXL’s products are designed to perform in a wide variety of environments and light conditions. It has specialized in manufacturing high-quality parts with stringent optical performance requirements for nearly 50 years, allowing the company to provide longstanding customers with comprehensive and customized end-to-end solutions. MXL Industries is based in Lancaster, Pennsylvania.

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Buyer(S) 1

Buyer

Plaskolite

Columbus, Ohio, United States
Category Company
Founded 1950
Sector Plastics
Employees635
DESCRIPTION

Plaskolite is a provider of transparent thermoplastic sheet products. Plaskolite’s customized products are used in a wide variety of applications, including windows, doors, lighting, signs, point-of-purchase displays and bath products. Plaskolite serves a diverse customer base including distributors, OEMs, and retailers. Plaskolite was established in 1950 and is based in Columbus, Ohio.

DEAL STATS #
Overall 2 of 4
Sector: Plastics M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 Castplas

Malatya, Turkey

PIA Akrilik is a manufacturer of cast acrylic sheets. PIA Akrilik sells its products under the Castplas brand. It manufactures cast acrylic sheets for a variety of end markets and uses, including advertising, indoor & outdoor decoration, bathtubs, sound barriers, TV screen protectors, airplane and helicopter windows, aquariums, lighting, and display stands. PIA Akrilik was founded in 2013 and is based in Malatya, Turkey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-05 Trinseo - Cell Cast Acrylic Manufacturing Facility

Matamoros, Mexico

Trinseo's Cell Cast Acrylic Manufacturing Facility is a provider in the production of cell cast acrylic sheet, which serves a diverse range of applications, including display, signage, construction, marine, and sanitary products.

Buy -
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