Add-on Acquisition • Plastics

Plasman Acquires A-Brite Plating Company

On May 21, 2015, Plasman acquired plastics company A-Brite Plating Company

Acquisition Context
  • This is Plasman’s 1st transaction in the Plastics sector.
  • This is Plasman’s 2nd transaction in the United States.
  • This is Plasman’s 1st transaction in Ohio.

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M&A Deal Summary

Date May 21, 2015
Target A-Brite Plating Company
Sector Plastics
Buyer(s) Plasman
Deal Type Add-on Acquisition

Target Company

A-Brite Plating Company

Cleveland, Ohio, United States
A-Brite Plating Company is a custom chrome plating company focused on plastic parts for automotive, appliance, plumbing, and other applications.
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Buyer Overview 1

Buyer

Plasman

Oldcastle, Ontario, Canada

Category Company
Founded 1978
Sector Automotive
Employees4,300
DESCRIPTION

Plasman is a designer and manufacturer of Class A exterior trim products and sub-systems to a variety of OEM and Tier 1 customers. Plasman offers fully integrated design, engineering, tooling, molding, finishing (painting and chroming), and assembly capabilities. Plasman was founded in 1978 and is based in Oldcastle, Ontario.


Deal Context for Buyer #
Overall 2 of 4
Sector: Plastics 1 of 1
Type: Add-on Acquisition 1 of 2
State: Ohio 1 of 1
Country: United States 2 of 3
Year: 2015 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-21 Thermotech

Hopkins, Minnesota, United States

Thermotech, Inc. designs, engineers, and manufactures injection-molded electrical and mechanical components and assemblies primarily for the automotive, small engine, electronics, other industrial and consumer end markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-26 Plastal Industri AB

Kungalv, Sweden

Plastal Industri AB is a provider of engineered thermoplastic bumper modules, painted and unpainted exterior trim, and plastic parts serving both the passenger car and heavy commercial vehicle markets.

Buy -