M&A Deal Summary

Teknor Apex Co. Acquires PTS Plastic-Technologie-Service Marketing und Vertriebs

On April 1, 2016, Teknor Apex Co. acquired plastics company PTS Plastic-Technologie-Service Marketing und Vertriebs

Acquisition Highlights
  • This is Teknor Apex Co.’s 2nd transaction in the Plastics sector.
  • This is Teknor Apex Co.’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-04-01
Target PTS Plastic-Technologie-Service Marketing und Vertriebs
Sector Plastics
Buyer(s) Teknor Apex Co.
Deal Type Add-on Acquisition

Target

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.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Teknor Apex Co.

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 5 of 5
Sector: Plastics M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Germany M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-03 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.

Buy -