M&A Deal Summary

Teknor Apex Acquires Viking Polymers

On February 3, 2014, Teknor Apex acquired chemicals company Viking Polymers

Acquisition Highlights
  • This is Teknor Apex’s 3rd transaction in the Chemicals sector.
  • This is Teknor Apex’s 1st transaction in the United States.
  • This is Teknor Apex’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2014-02-03
Target Viking Polymers
Sector Chemicals
Buyer(s) Teknor Apex
Deal Type Add-on Acquisition

Target

Viking Polymers

Jamestown, North Carolina, United States
Viking Polymers LLC is a custom compounder specializing in thermoplastic compounds. Committed to a customer-driven business strategy that focuses on problem solving through technical support, product development, excellent customer service and high quality materials, the company has enjoyed exceptional success in the compounding of PVC materials, highly weatherable ASA and acrylic alloys, composite materials and CPVC. They serve a wide range of markets, including building and construction products, industrial goods and specialty materials designed for aerospace and transportation.

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Buyer(S) 1

Buyer

Teknor Apex

Pawtucket, Rhode Island, United States

Category Company
Founded 1924
Sector Chemicals
DESCRIPTION

Teknor Apex Co. is a supplier of flexible vinyl compounds for more than fifty years, offers the most diversified TPE product line, supplies color concentrates to all sectors of the plastics industry, and has a growing business as a toll manufacturer of specialty compounds based on polyolefin, styrenic, and engineering thermoplastic polymers.


DEAL STATS #
Overall 4 of 5
Sector (Chemicals) 3 of 3
Type (Add-on Acquisition) 3 of 4
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 Sarlink

Sittard, Netherlands

Sarlink thermoplastic vulcanizates (TPVs) are the premier solution for critical applications that require superior elasticity and long-term performance. With faster, more cost-effective processing, Sarlink TPVs provide a sustainable alternative to thermoset rubber in sealing applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 PTS Plastic-Technologie-Service Marketing und Vertriebs

Adelshofen, Germany

PTS Plastic-Technologie-Service, Marketing und Vertriebs GmbH is a German-based custom compounder of thermoplastic elastomers (TPEs) and engineering thermoplastics (ETPs). PTS operates a state of the art manufacturing plant at Steinsfeld, Germany with more than 20,000 tons of installed capacity, as well as a technical support facility.

Buy -