M&A Deal Summary

VRC Holdings Acquires Ritus

On August 20, 2019, VRC Holdings acquired plastics company Ritus

Acquisition Highlights
  • This is VRC Holdings’ 2nd transaction in the Plastics sector.
  • This is VRC Holdings’ 3rd transaction in the United States.
  • This is VRC Holdings’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2019-08-20
Target Ritus
Sector Plastics
Buyer(s) VRC Holdings
Deal Type Add-on Acquisition

Target

Ritus

Milwaukee, Wisconsin, United States
Ritus Corp. specializes in the design and manufacture of custom-molded products, including wiring grommets, ducts and hoses, seals, custom-molded rubber parts and custom-molded plastics. Ritus was founded in 1963 and is based in Milwaukee, Wisconsin.

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Buyer(S) 1

Buyer

VRC Holdings

Milwaukee, Wisconsin, United States

Category Company
Sector Manufacturing
DESCRIPTION

VRC Holdings is a designer and manufacturer of mission-critical seals, wiring grommets, tubing and molded thermoplastics primarily for the aerospace & defense, automotive, industrial, oil & gas, marine, and medical end markets. VRC Holdings is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 3 of 4
Sector (Plastics) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Wisconsin) 1 of 1
Country (United States) 3 of 4
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-20 Vanseal

Vandalia, Illinois, United States

Vanseal Corp. is a manufacturer of the radial lip and hydraulic rubber seals, and mechanical seal components. Vanseal was founded in 1956 and is based in Vandalia, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-30 Cascadia Custom Molding

Coeur d’Alene, Idaho, United States

Cascadia Custom Molding is specializes in close tolerance molding of engineered thermoplastics. Cascadia Custom Molding is based in Coeur d’Alene, Idaho.

Buy -