Add-on Acquisition • Plastics

Vanguard Plastics Acquires Primex Technologies

On August 1, 2008, Vanguard Plastics acquired plastics company Primex Technologies

Acquisition Context
  • This is Vanguard Plastics’ 1st transaction in the Plastics sector.
  • This is Vanguard Plastics’ 1st transaction in Canada.
  • This is Vanguard Plastics’ 1st transaction in British Columbia.
Investment Fate
  • Primex Technologies was divested to a consortium of buyers in 2014.
  • Primex Technologies was sold to a strategic buyer in 2019.

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M&A Deal Summary

Date August 1, 2008
Target Primex Technologies
Sector Plastics
Buyer(s) Vanguard Plastics
Deal Type Add-on Acquisition

Target Company

Primex Technologies

Langley, British Columbia, Canada
Primex Technologies is a manufacturer of plastic injection products. Primex Technologies developed design, engineering, and mold fabrication of proprietary patented in-house plastic products. Primex Technologies was founded in 1971 and is based in Langley, British Columbia.
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Buyer Overview 1

Buyer

Vanguard Plastics

Surrey, British Columbia, Canada

Category Company
Founded 1971
Sector Plastics
Employees52
DESCRIPTION

Vanguard began operations as a tool making shop and a customer injection molder of plastic products. Over time, Vanguard has grown and developed a number of patented in house products while continuing to design and produce window and customer made products. On August 1, 2008 Vanguard Plastics and Primex Manufacturing and formed as VPL Enterprises Limited.


Deal Context for Buyer #
Overall 1 of 1
Sector: Plastics 1 of 1
Type: Add-on Acquisition 1 of 1
State: British Columbia 1 of 1
Country: Canada 1 of 1
Year: 2008 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-21 Primex Technologies

Langley, British Columbia, Canada

Primex Technologies is a manufacturer of plastic injection products. Primex Technologies developed design, engineering, and mold fabrication of proprietary patented in-house plastic products. Primex Technologies was founded in 1971 and is based in Langley, British Columbia.

Sell -