M&A Deal Summary

Plastifab Acquires Marchel Industries

On March 15, 2023, Plastifab acquired plastics company Marchel Industries

Acquisition Highlights
  • This is Plastifab’s 1st transaction in the Plastics sector.
  • This is Plastifab’s 1st transaction in the United States.
  • This is Plastifab’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2023-03-15
Target Marchel Industries
Sector Plastics
Buyer(s) Plastifab
Deal Type Add-on Acquisition

Target

Marchel Industries

Spartanburg, South Carolina, United States
Marchel Industries is a full-service plastic injection molding and machining and also includes precision machining, EDM machining, plastic design, custom molding, reverse engineering, prototyping, parts assembly, testing, and dimensional analysis. Marchel Industries is based in Spartanburg, South Carolina.

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Buyer(S) 1

Buyer

Plastifab

Saint-Lauren, Quebec, Canada
Category Company
Founded 1975
Sector Plastics
DESCRIPTION

Plastifab is a manufacturer of extruded thermoplastic rod, tube, profile and other shapes for a wide range of industrial and consumer end-uses. Plastifab's custom products are sold to diversified US and Canadian industrial sectors including automotive, mining, point of purchase display, fluid handling and waste water treatment, as well as specialty and general distributors. Plastifab focuses on creativity and innovation to solve demanding application issues with unique technical and custom solutions. Plastifab was founded in 1975 and is based in Saint-Lauren, Quebec.

DEAL STATS #
Overall 1 of 2
Sector (Plastics) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (South Carolina) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-15 MoldPro

Swanzey, New Hampshire, United States

MoldPro is a full-service shop that offers plastic product design from prototype to production with full mold design, mold construction, part production, and assembly services including ultrasonic welding, hot stamping, and solvent bonding. MoldPro was founded in 1989 and is based in Swanzey, New Hampshire.

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