M&A Deal Summary

The Crown Group Acquires Electra-Finish

On November 4, 2013, The Crown Group acquired plastics company Electra-Finish

Acquisition Highlights
  • This is The Crown Group’s 1st transaction in the Plastics sector.
  • This is The Crown Group’s 1st transaction in the United States.
  • This is The Crown Group’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2013-11-04
Target Electra-Finish
Sector Plastics
Buyer(s) The Crown Group
Deal Type Add-on Acquisition

Target

Electra-Finish

Asheboro, North Carolina, United States
Electra-Finish, Inc. (EFI). Electra-Finish is a provider of high-quality plastic coating services and solutions to the automotive, agricultural, heavy truck and other industrial end markets. The company is based in Asheboro, North Carolina with a second facility in Spartanburg, South Carolina.

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Buyer(S) 1

Buyer

The Crown Group

Warren, Michigan, United States

Category Company
Founded 1965
Sector Chemicals
DESCRIPTION

The Crown Group, Inc. is a provider of quality coating solutions to industrial end markets. Crown's range of coating technologies include electro-coating ("e-coating"), e-coating with powder coating topcoat and water-based wet painting. The Crown Group, Inc. was established in 1965 and is headquartered in Warren, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Plastics 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: 2013 M&A 1 of 1