M&A Deal Summary

Plasman Acquires Plastal Industri AB

On May 26, 2016, Plasman acquired automotive company Plastal Industri AB from Handel Och Industri AB

Acquisition Highlights
  • This is Plasman’s 1st transaction in the Automotive sector.
  • This is Plasman’s 1st transaction in Sweden.

M&A Deal Summary

Date 2016-05-26
Target Plastal Industri AB
Sector Automotive
Buyer(s) Plasman
Sellers(s) Handel Och Industri AB
Deal Type Divestiture

Target

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.

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Buyer(S) 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 STATS #
Overall 3 of 4
Sector: Automotive M&A 1 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Sweden M&A 1 of 1
Year: 2016 M&A 1 of 1
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
2021-10-12 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.

Buy -

Seller(S) 1

SELLER

Handel Och Industri AB

Stockholm, Sweden

Category Company
Sector Financial Services
DESCRIPTION

Handel Och Industri AB is a provider of financial services in Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-02 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 -