M&A Deal Summary

TriMas Acquires Taplast

On April 30, 2019, TriMas acquired plastics company Taplast

Acquisition Highlights
  • This is TriMas’ 3rd transaction in the Plastics sector.
  • This is TriMas’ 2nd transaction in Italy.

M&A Deal Summary

Date 2019-04-30
Target Taplast
Sector Plastics
Buyer(s) TriMas
Deal Type Add-on Acquisition

Target

Taplast

Povolaro, Italy
Taplast S.p.A. is a designer and manufacturer of dispensers, closures, and containers for the beauty and personal care, household and food packaging end markets, serving customers predominantly in Europe and the Americas. Taplast S.p.A. was founded in 1974 and is based in Povolaro, Italy.

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Buyer(S) 1

Buyer

TriMas

Bloomfield Hills, Michigan, United States

Category Company
Founded 1986
Sector Diversified
Employees3,900
Revenue 925M USD (2024)
DESCRIPTION

TriMas is a diversified designer, manufacturer and distributor of engineered and applied products that serve a variety of industrial, commercial and consumer end markets worldwide. TriMas was founded in 1986 and is based in Bloomfield Hills, Michigan.


DEAL STATS #
Overall 11 of 20
Sector: Plastics M&A 3 of 5
Type: Add-on Acquisition M&A Deals 11 of 18
Country: Italy M&A 2 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 Plastic Srl

Forlì, Italy

Plastic Srl is a privately-owned manufacturer of polymeric caps and closures for home care product applications. Plastic Srl predominantly manufactures single-bodied and assembled caps and closures, including child-resistant closures, for home care product applications, such as detergent and household cleaning products. With more than 100 closure product designs, including several patented closure systems, Plastic Srl serves the home care market in Italy and other European countries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 Lamons

Houston, Texas, United States

Lamons designs, manufactures and distributes industrial sealing and fastener products, for the petrochemical, petroleum refining, oil field, and other industrial markets. Lamons provides industrial sealing fastener products to both maintenance repair operations and industrial original equipment manufacturers. Lamons was founded in 1947 and is based in Houston, Texas.

Sell $135M