Aurora Material Solutions Acquires Lastique International Corporation
December 5, 2024
Aurora Material Solutions, backed by private equity sponsor Nautic Partners, has acquired Lastique International Corporation and will integrate the business into its Sustainable Product Solutions platform. Lastique, a leading recycler and supplier of rigid PVC and other thermoplastic resins, will operate as a standalone segment under Aurora with existing management retained and will expand Aurora's recycled-content and closed-loop capabilities.
- Buyers
- Aurora Material Solutions, Nautic Partners
- Targets
- Lastique International Corporation
- Platforms
- Aurora Material Solutions
- Industry
- Manufacturing
- Location
- Kentucky, United States
- Transaction Type
- Addon
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