M&A Deal Summary

Plaskolite Acquires Trinseo - Cell Cast Acrylic Manufacturing Facility

On April 5, 2023, Plaskolite acquired manufacturer Trinseo - Cell Cast Acrylic Manufacturing Facility from Trinseo

Acquisition Highlights
  • This is Plaskolite’s 1st transaction in the Manufacturing sector.
  • This is Plaskolite’s 1st transaction in Mexico.

M&A Deal Summary

Date 2023-04-05
Target Trinseo - Cell Cast Acrylic Manufacturing Facility
Sector Manufacturing
Buyer(s) Plaskolite
Sellers(s) Trinseo
Deal Type Divestiture

Target

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.

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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 3 of 4
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Mexico M&A 1 of 1
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-07 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-11 AZEK - Vycom Business

Chicago, Illinois, United States

AZEK's Vycom Business is a manufacturer of market-leading brands of innovative plastic solutions used across a variety of commercial, industrial, and non-residential end markets.

Buy -

Seller(S) 1

SELLER

Trinseo

Wayne, Pennsylvania, United States

Category Company
Founded 2015
Sector Plastics
Employees2,950
Revenue 3.5B USD (2024)
DESCRIPTION

Trinseo is a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations, and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility. Trinseo was founded in 2015 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Mexico M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 Heathland

Utrecht, Netherlands

Heathland is a provider of collector and recycler of post-consumer (PCR, EoL) and post-industrial (PIR) plastic wastes. Heathland is based in Utrecht, Netherlands.

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