Add-on Acquisition • Packaging

Spartech Acquires Crawford Industries

On September 17, 2021, Spartech acquired packaging company Crawford Industries

Acquisition Context

This is Spartech’s 3rd transaction in the Packaging sector.
This is Spartech’s 5th transaction in the United States.
This is Spartech’s 1st transaction in Indiana.

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M&A Deal Summary
Date	September 17, 2021
Target	Crawford Industries
Sector	Packaging
Buyer(s)	Spartech
Deal Type	Add-on Acquisition

Target Company

Crawford Industries

Crawfordsville, Indiana, United States

Crawford Industries is a producer of graphic-quality polyethylene and polypropylene sheets. Crawford makes custom packaging using plastic materials that are environmentally friendly, durable, and cost-effective. Crawford Industries is based in Crawfordsville, Indiana.

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Buyer Overview 1

Buyer

Spartech

St. Louis, Missouri, United States

Category	Company
Founded	1960
Sector	Plastics
Employees	2,600
Revenue	1.2B USD (2011)

DESCRIPTION

Spartech is a producer of plastic products including polymeric compounds, concentrates, custom extruded sheet and roll stock products, and packaging solutions for a wide spectrum of customers. Spartech was founded in 1960 and is based in St. Louis, Missouri.

Deal Context for Buyer	#
Overall	5 of 5
Sector: Packaging	3 of 3
Type: Add-on Acquisition	5 of 5
State: Indiana	1 of 1
Country: United States	5 of 5
Year: 2021	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2020-12-03	Tufpak Ossipee, New Hampshire, United States Tufpak, Inc. a manufacturer of custom and stock engineered plastic films designed for biohazard bags, medical devices, and biopharma packaging. Tufpak is based in Ossipee, New Hampshire.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2020-12-03

Tufpak

Ossipee, New Hampshire, United States

Tufpak, Inc. a manufacturer of custom and stock engineered plastic films designed for biohazard bags, medical devices, and biopharma packaging. Tufpak is based in Ossipee, New Hampshire.

Buy

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