Peli Products Germany GmbH Acquires HVB Kunststofftechnik GmbH Injection and Roto‑Molding Business
July 18, 2022
Peli Products Germany GmbH, a subsidiary of Pelican Products, Inc., has acquired the injection- and roto-molding business of HVB Kunststofftechnik GmbH in Crottendorf, Germany. The transaction — the first under Pelican's ownership by Platinum Equity — adds local manufacturing capacity to support Peli's European production and sustainability goals.
- Buyers
- Peli Products Germany GmbH, Pelican Products, Inc., Platinum Equity
- Targets
- HVB Kunststofftechnik GmbH (injection and roto-molding business)
- Sellers
- HVB Kunststofftechnik GmbH
- Industry
- Manufacturing
- Location
- Saxony, Germany
- Transaction Type
- Buyout
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