Portage Plastics Acquires Paradise Plastics Division from Paradise, Inc.

Lacerta Group Acquires Substantially All Assets of Portage Plastics

December 21, 2022

Manufacturing

Lacerta Group acquired substantially all the assets of Portage Plastics Corporation and PPC Investments, LLC (together, Portage Plastics) on December 21, 2022, expanding its production footprint into Portage, Wisconsin. The deal included retention of more than 50 Portage Plastics employees and will support Lacerta's efforts to better serve customers in the Midwest and Central United States; Lacerta is a portfolio company of SK Capital Partners.

Empowered Ventures Acquires Paramount Plastics

December 13, 2021

Manufacturing

Empowered Ventures, an employee-owned holding company based in Carmel, Indiana, has acquired Paramount Plastics, a custom thermoforming plastics manufacturer headquartered in Elkhart, Indiana. The transaction transfers ownership to Empowered Ventures' ESOP as part of a founder succession plan, with Paramount's employees joining the employee-ownership program.

Nefab Group Acquires Plastiform, Inc. and Precision Formed Plastics, Inc.

April 12, 2024

Packaging

Nefab Group, through its U.S. arm Nefab Packaging, Inc., has acquired Plastiform, Inc. and its subsidiary Precision Formed Plastics, Inc., a Texas-based thermoforming and cushioning manufacturer. The deal strengthens Nefab's thermoforming capabilities and sustainable packaging offering in the Americas, supporting end markets such as datacom/cloud, telecom/semicon and healthcare equipment.

Pexco LLC Acquires Wisconsin Plastic Products, Inc.

January 8, 2025

Manufacturing

Pexco LLC has acquired Wisconsin Plastic Products, Inc., a Plymouth, Wisconsin-based supplier of custom profile extrusions. The acquisition expands Pexco's custom extrusion capacity and engineering capabilities while increasing its presence in the Midwest.

Platinum Equity Acquires Pelican Products

December 31, 2021

Manufacturing

Platinum Equity has completed its acquisition of Pelican Products, a Torrance, California-based manufacturer of high-performance protective cases, portable lighting systems and temperature-controlled packaging (Peli BioThermal). The deal, purchased from Behrman Capital, positions Pelican as a platform for growth under Platinum Equity with management, led by CEO Phil Gyori, remaining in place; financial terms were not disclosed.

Preformed Line Products (PLP) Acquires Substantially All Assets of Pilot Plastics, Inc.

February 2, 2023

Manufacturing

Preformed Line Products Company (PLP) acquired substantially all of the assets of Pilot Plastics, Inc., an injection molding specialist based in Peninsula, Ohio. The acquisition expands PLP's injection molding capacity and supports production of fiber-optic connectivity components for FTTH and 5G deployments while enabling closer collaboration with PLP's Cleveland headquarters.