Techniplas Acquires Molded Products Division of Lyle Industries

December 2, 2021

Techniplas, LLC has acquired the Molded Products Division of Lyle Industries, Inc., a Tier 1 supplier of cargo systems, carpeted trim and molded floors for luxury SUVs and electric passenger cars. The divestiture gives Techniplas new strategic manufacturing locations in the U.S. Southeast and complementary molding process capabilities while Lyle Industries will continue to supply premium carpet to the business.

Buyers
Techniplas, LLC
Targets
Molded Products Division of Lyle Industries, Inc.
Sellers
Lyle Industries, Inc.
Industry
Manufacturing
Location
Georgia, United States
Transaction Type
Divestiture

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