Advanced Drainage Systems Acquires Jet Polymer Recycling

Advanced Drainage Systems Acquires National Diversified Sales from Norma Group

September 23, 2025

Manufacturing

Advanced Drainage Systems (NYSE: WMS) has entered into a definitive stock purchase agreement to acquire National Diversified Sales (NDS), a water management business of Norma Group SE, in an all-cash transaction valued at approximately $1.0 billion. The deal is expected to close in the first quarter of 2026 and will expand ADS’ product portfolio and go-to-market reach in retail and distributor channels, including residential irrigation and related solutions.

Advanced Drainage Systems Acquires River Valley Pipe

May 8, 2025

Building Products

Advanced Drainage Systems, Inc. (ADS) has acquired River Valley Pipe LLC, a privately owned manufacturer of corrugated plastic pipe serving the agriculture market, headquartered in Lacon, Illinois with manufacturing locations in Illinois and Iowa. The acquisition supports ADS’s strategic priority to grow its market-leading position in stormwater and agricultural drainage across key Midwest states and expands its manufacturing footprint and capabilities in those regions.

Dow Agrees to Acquire Circulus, North American Polyethylene Recycler

June 20, 2024

Environmental Services

Dow has signed an agreement to acquire Circulus, a North American polyethylene recycler that operates facilities in Ardmore, Oklahoma and Arab, Alabama, adding 50,000 metric tons per year of recycled material capacity. The acquisition strengthens Dow's mechanical recycling capabilities and supports its goal to produce 3 million metric tons of circular and renewable solutions annually by 2030. The transaction is expected to close in the third quarter of 2024, subject to customary regulatory approvals.

FV Recycling Acquires Tupelo Recycling

March 28, 2024

Environmental Services

FV Recycling, a Jones Capital portfolio company based in Hattiesburg, Mississippi, has acquired the paper recycling business of JET Polymer Recycling (commonly known as Tupelo Recycling), adding a recycling plant in Tupelo, Mississippi. The acquisition densifies FV Recycling’s footprint across North Mississippi, Alabama, Kentucky and Tennessee and expands its commercial recycling and baler equipment repair capabilities.

Advanced Drainage Systems Acquires CULTEC, Inc.

May 2, 2022

Building Products

Advanced Drainage Systems (ADS) has acquired CULTEC, Inc., a family-owned manufacturer of plastic stormwater and septic chambers headquartered in Brookfield, Connecticut. The acquisition expands ADS' product portfolio in stormwater and on-site septic wastewater solutions and brings CULTEC's engineering and manufacturing capabilities into ADS' national manufacturing and distribution platform.

The Jordan Company Acquires PSG Polymer Additives Division from Arsenal Capital Partners

November 26, 2019

Manufacturing

The Jordan Company has completed the acquisition of Polymer Solutions Group’s Polymer Additives division (PSG Polymer Additives) from Arsenal Capital Partners. The Cleveland-headquartered business supplies proprietary polymer additives, dispersions and performance chemicals to rubber, plastics and engineered wood markets and will partner with TJC to expand its global platform and grow its market position.