M&A Deal Summary

Plastic Components Acquires Syracuse Plastics of North Carolina

On March 5, 2019, Plastic Components acquired plastics company Syracuse Plastics of North Carolina

Acquisition Highlights
  • This is Plastic Components’ 1st transaction in the Plastics sector.
  • This is Plastic Components’ 1st transaction in the United States.
  • This is Plastic Components’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2019-03-05
Target Syracuse Plastics of North Carolina
Sector Plastics
Buyer(s) Plastic Components
Deal Type Add-on Acquisition
Advisor(s) Molding Business Services, Inc. (MBS Advisors) (Financial)

Target

Syracuse Plastics of North Carolina

Cary, North Carolina, United States
Syracuse Plastics of North Carolina, Inc. is a manufacturer of engineered and high precision injection molded components for applications in the industrial, water and pool products, telecommunications, power products, food processing, and other end markets. Syracuse Plastics of North Carolina, Inc. is based in Cary, North Carolina.

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Buyer(S) 1

Buyer

Plastic Components

Germantown, Wisconsin, United States
Category Company
Founded 1989
Sector Plastics
DESCRIPTION

Plastic Components is a manufacturer of engineered and high precision injection molded components for mission critical applications in the plumbing, small engine, automotive, filtration, consumer products, controls, and other end markets. Plastic Components was founded in 1989 and is based in Germantown, Wisconsin.

DEAL STATS #
Overall 1 of 2
Sector (Plastics) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 SMI Molding

Clearfield, Utah, United States

SMI Molding is a designer and manufacturer of tough-to-mold plastic components for a variety of end markets. The Company’s differentiated technical capabilities set it apart as the sole source or preferred supplier for a highly distinguished customer base. SMI Molding is based in Clearfield, Utah.

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Mergr

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