Add-on Acquisition • Plastics

Polytek Acquires Endurance Technologies

On February 3, 2021, Polytek acquired plastics company Endurance Technologies

Acquisition Context
  • This is Polytek’s 2nd transaction in the Plastics sector.
  • This is Polytek’s 9th transaction in the United States.
  • This is Polytek’s 1st transaction in Minnesota.

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M&A Deal Summary

Date February 3, 2021
Target Endurance Technologies
Sector Plastics
Buyer(s) Polytek
Deal Type Add-on Acquisition

Target Company

Endurance Technologies

South St Paul, Minnesota, United States
Endurance Technologies, Inc. is specializes in the formulation and manufacture of polyurethane and epoxy systems. Endurance Technologies was founded in 1992 and is based in South St Paul, Minnesota.
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Buyer Overview 1

Buyer

Polytek

Easton, Pennsylvania, United States

Category Company
Founded 1984
Sector Plastics
DESCRIPTION

Polytek is a manufacturer of liquid mold rubbers and casting plastics. Polytek’s proprietary specialty polymers are used by customers to create flexible molds to reproduce highly-detailed, complex objects for a variety of industrial and consumer applications, including concrete casting, special effects, tooling, sculpture, and prototyping. Polytek was founded in 1984 and is based in Easton, Pennsylvania.


Deal Context for Buyer #
Overall 9 of 10
Sector: Plastics 2 of 2
Type: Add-on Acquisition 7 of 8
State: Minnesota 1 of 1
Country: United States 9 of 10
Year: 2021 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-20 Incredible Solutions

Galesburg, Michigan, United States

Incredible Solutions supplies epoxy coating and casting systems that are used to coat wood bars and tabletops, create decorative surfaces and mixed-media furniture such as river tables, and complete a variety of other works of art and craft. Incredible Solutions was founded in 2017 and located in Galesburg, Michigan.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-07 Specialty Resin & Chemical

Dowagiac, Michigan, United States

Specialty Resin & Chemical is a provider of user-friendly mold making, casting, and coating products, including bar top epoxy resin and polyurethane resin. Product lines include epoxy resin, polyurethane resin and rubber, silicone rubber and related accessories. Specialty Resin & Chemical was founded in 2007 and is based in Dowagiac, Michigan.

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