M&A Deal Summary

Plasman Acquires Minghua USA

On October 12, 2021, Plasman acquired automotive company Minghua USA

Acquisition Highlights
  • This is Plasman’s 2nd transaction in the Automotive sector.
  • This is Plasman’s 3rd transaction in the United States.
  • This is Plasman’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2021-10-12
Target Minghua USA
Sector Automotive
Buyer(s) Plasman
Deal Type Add-on Acquisition

Target

Minghua USA

Greer, South Carolina, United States
Minghua USA is a mold, paint, bonding, and assembly plant supplying the automotive industry with just-in-time assembly and sequencing capabilities. Minghua USA was founded in Greer, South Carolina.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Plasman

Windsor, 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 Windsor, Ontario.

DEAL STATS #
Overall 4 of 4
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (South Carolina) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
PREVIOUS 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 -
Mergr

Product

Company

Legal