Plaskolite Acquires Substantially All Assets of Plazit-Polygal

Plaskolite Acquires MXL Industries

June 7, 2022

Manufacturing

Plaskolite LLC, a Pritzker Private Capital-owned manufacturer of engineering thermoplastics, has acquired MXL Industries, a Lancaster, Pennsylvania-based maker of specialty optical plastic parts. The acquisition strengthens Plaskolite's coatings and polycarbonate capabilities and expands its offerings into specialty-crafted optical thermoplastic solutions for aerospace, medical, life-safety and marine markets.

Plaskolite Acquires Trinseo's Matamoros Cell Cast Acrylic Facility

April 5, 2023

Manufacturing

Plaskolite LLC has agreed to acquire the land, buildings and equipment of Trinseo's cell cast acrylic manufacturing facility in Matamoros, Tamaulipas, Mexico. The asset purchase expands Plaskolite's North American footprint and adds cell cast PMMA sheet production capability to its existing acrylic sheet technologies; product shipments from the Matamoros plant were expected to begin in H2 2023.

Sirius Plastik Acquires PIA Akrilik from Plaskolite

December 23, 2021

Manufacturing

Sirius Plastik, a Çeker family–owned special purpose vehicle, has acquired all outstanding shares of PIA Akrilik from Plaskolite Inc. PIA Akrilik is the leading Turkish manufacturer of cast acrylic sheets (sold under the Castplas brand), operating a 26,376 m² facility in Malatya with c.7,500 tons annual capacity; Sirius Plastik said it will invest to strengthen the company’s capital structure and support regional growth.

Cedo Acquires Plasta Group

December 17, 2024

Packaging

Cedo, a UK-based leader in sustainable FMCG private label solutions, has acquired Plasta Group, one of Europe’s largest polyethylene recyclers and producers, headquartered in Vilnius, Lithuania. The acquisition expands Cedo’s recycling and production capacity across Central & Eastern Europe and Scandinavia, strengthening its position as an integrated circularity platform for flexible plastic films.

H.I.G. Capital Affiliate Acquires Covestro's European Polyurethane Systems Business (Plixxent)

January 17, 2019

Manufacturing

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Covestro AG's European Polyurethane Systems business in a carve-out transaction, with closing expected in the second half of 2019 pending regulatory clearance. The business — operating four systems houses across Germany, Denmark, the Netherlands and Spain and employing ~250 people with ~€230m sales — will be run independently (to operate as Plixxent) and used as a platform for pan‑European expansion and add-on acquisitions.

Itelyum Acquires Stake in Plasta Rei to Expand Chemical PET Recycling

March 1, 2024

Manufacturing

Itelyum, a PE-backed Italian recycling group, has acquired a significant share (reported as a full acquisition in company releases) in Plasta Rei to build an advanced chemical recycling plant in Cisterna di Latina that will produce food‑grade rPET granules. The move expands Itelyum's circular‑economy capabilities and leverages the group's chemical processing know‑how to scale Plasta Rei's PET depolymerisation technology for bottle‑to‑bottle applications.