M&A Deal Summary

Preformed Line Products Acquires Pilot Plastics

On February 2, 2023, Preformed Line Products acquired plastics company Pilot Plastics

Acquisition Highlights
  • This is Preformed Line Products’ 2nd transaction in the Plastics sector.
  • This is Preformed Line Products’ 1st transaction in the United States.
  • This is Preformed Line Products’ 1st transaction in Ohio.

M&A Deal Summary
Date 2023-02-02
Target Pilot Plastics
Sector Plastics
Buyer(s) Preformed Line Products
Deal Type Add-on Acquisition

Target

Pilot Plastics

Peninsula, Ohio, United States
Pilot Plastics is an injection molding manufacturing specialist, serving various consumer and B2B industries. Pilot Plastics was founded in 2001 and is based in Peninsula, Ohio.

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Buyer(S) 1

Buyer

Preformed Line Products

Mayfield Village, Ohio, United States
Category Company
Founded 1947
Sector Technology Hardware
Employees3,520
Revenue 670M USD (2023)
DESCRIPTION

Preformed Line Products is a designer, manufacturer and supplier of high quality cable anchoring and control hardware and systems, fiber optic and copper splice closures, and high-speed cross-connect devices. Preformed Line Products was founded in 1947 and is based in Mayfield Village, Ohio.

DEAL STATS #
Overall 8 of 8
Sector (Plastics) 2 of 2
Type (Add-on Acquisition) 8 of 8
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-17 Delta

Aguascalientes, Mexico

Delta designs and manufactures substation connector systems and accessory hardware for high-voltage AC systems and is a market leader in Mexico. Delta was formed in 1979 and is based in Aguascalientes, Mexico.

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