M&A Deal Summary

Spectrum Plastics Group Acquires PPC Industries

On February 27, 2017, Spectrum Plastics Group acquired packaging company PPC Industries from Kohlberg & Company

Acquisition Highlights
  • This is Spectrum Plastics Group’s 1st transaction in the Packaging sector.
  • This is Spectrum Plastics Group’s 2nd transaction in the United States.
  • This is Spectrum Plastics Group’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2017-02-27
Target PPC Industries
Sector Packaging
Buyer(s) Spectrum Plastics Group
Sellers(s) Kohlberg & Company
Deal Type Merger

Target

PPC Industries

Pleasant Prairie, Wisconsin, United States
PPC Industries, Inc. is an extruder and converter of plastic films, bags, and tubing. The Company's products benefit customers in the food, medical, and industrial markets.

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Buyer(S) 1

Buyer

Spectrum Plastics Group

Alpharetta, Georgia, United States

Category Company
Founded 2017
Sector Plastics
DESCRIPTION

Spectrum Plastics Group is a manufacturer of the thermoplastic profile, tube, and sheet plastic extrusions used in industrial, consumer, and other applications. Spectrum Plastics Group has manufacturing facilities in the U.S. and Mexico serving a variety of end-markets, including aerospace, retail, medical, traffic control, lighting, and fence. Spectrum Plastics Group was founded in 2017 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 2 of 9
Sector (Packaging) 1 of 2
Type (Merger) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 2 of 7
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-04 Midwest Plastic Components

Minneapolis, Minnesota, United States

Midwest Plastic Components is a contract manufacturer of specialty injection molded plastic components as well as prototype and rapid turn molding. Midwest Plastic Components is headquartered in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-31 Pexco

Johns Creek, Georgia, United States

Pexco is a North American designer and fabricator of engineered plastic components. It provides standard and specialty parts and components to manufacturers and end-users for a broad range of custom applications, including the specialty industrial, fluid-handling, lighting, traffic safety, fence, and electrical insulation industries. Pexco offers a full range of custom design, engineering, and fabrication services, including ISO 9001:2015 registration, across its manufacturing operations.

Buy -

Seller(S) 1

SELLER

Kohlberg & Company

Mount Kisco, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 11.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kohlberg & Company is a private equity firm which acquires middle-market companies with consistent cash flow, and underperforming companies with operational deficiencies. Kohlberg looks to commit $100 to $500 million of equity capital in opportunities valued from $200 million to $2 billion. Kohlberg generally looks for opportunities in the manufacturing and service sectors, however the Firm will also selectively consider businesses in food and healthcare. Kohlberg tends not to consider technology or communications companies. Kohlberg & Company was formed in 1987 and has offices in Mt. Kisco, New York.


DEAL STATS #
Overall 33 of 47
Sector (Packaging) 2 of 2
Type (Merger) 3 of 3
State (Wisconsin) 4 of 5
Country (United States) 32 of 46
Year (2017) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-27 Pexco

Johns Creek, Georgia, United States

Pexco is a North American designer and fabricator of engineered plastic components. It provides standard and specialty parts and components to manufacturers and end-users for a broad range of custom applications, including the specialty industrial, fluid-handling, lighting, traffic safety, fence, and electrical insulation industries. Pexco offers a full range of custom design, engineering, and fabrication services, including ISO 9001:2015 registration, across its manufacturing operations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-27 NBG Home

Austin, Texas, United States

NBG Home is a provider of an extensive array of home décor products, including ready-made and custom framing, lighting, accent furniture, wall décor, and soft goods under a portfolio of leading brands. NBG serves a wide variety of retail partners, including mass merchants, specialty stores, discount stores, home centers, warehouse clubs, and internet retailers. NBG Home is based in Austin, Texas.

Sell -