M&A Deal Summary

Precision IBC Acquires Metano

On November 23, 2021, Precision IBC acquired business services company Metano

Acquisition Highlights
  • This is Precision IBC’s 1st transaction in the Business Services sector.
  • This is Precision IBC’s 1st transaction in the United States.
  • This is Precision IBC’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2021-11-23
Target Metano
Sector Business Services
Buyer(s) Precision IBC
Deal Type Add-on Acquisition

Target

Metano

Millstone Twp, New Jersey, United States
Metano is an intermediate bulk container rental company with operations in New Jersey. The company has a strong reputation for providing flexible rental and packaging solutions, and outstanding service to a wide range of industries including flavors and fragrance, personal care, and pharmaceuticals, to name just a few. Metano was formed in 1996 and is based in Millstone Twp, New Jersey.

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Buyer(S) 1

Buyer

Precision IBC

Fairhope, Alabama, United States

Category Company
Founded 1995
Sector Business Services
DESCRIPTION

Precision IBC is a privately held company with over 150 years of experience in the IBC (Intermediate Bulk Container) and packaging industry. The company services a range of industries including oil and gas, chemical, paints and coatings, pharmaceuticals, food, and more. Dedicated to solving customer issues and tailoring rental programs to meet specific needs, It is the industries' largest and fastest-growing IBC rental sales and services company. Precision IBC was formed in 1995 and is based in Fairhope, Alabama.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1