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  6. Swimways Acquires Spongex

M&A Deal Summary

Swimways Acquires Spongex

On January 1, 2014, Swimways acquired chemicals company Spongex

Acquisition Highlights
  • This is Swimways’ 1st transaction in the Chemicals sector.
  • This is Swimways’ 1st transaction in the United States.
  • This is Swimways’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2014-01-01
Target Spongex
Sector Chemicals
Buyer(s) Swimways
Deal Type Add-on Acquisition

Target

Spongex

Tarboro, North Carolina, United States
Spongex LLC is a manufacturer of 3-D molded thermoplastic elastomer products.

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Buyer(S) 1

Buyer

Swimways

Virginia Beach, Virginia, United States
Category Company
Founded 1994
Sector Leisure
DESCRIPTION

Swimways Corp. is a manufacturer and marketer of leisure and recreational water products for children and adults.

DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
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