FXI and Innocor Merge to Create Leading Foam Solutions Manufacturer
March 5, 2019
FXI and Innocor announced a definitive merger (closed February 2020) to combine their polyurethane foam manufacturing, R&D and distribution capabilities under the FXI name. Affiliates of One Rock Capital Partners will be the majority shareholder of the combined company while Bain Capital Private Equity will remain a minority stakeholder; the deal increases scale across end markets including bedding, furniture, transportation and healthcare.
- Targets
- Innocor, Inc.
- Sellers
- FXI / Innocor (combined company)
- Industry
- Manufacturing
- Location
- New Jersey, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SEI Group Acquires Pro Foam Insulators and Accu-coat Spray Products
October 2, 2024
Building Products
SEI Group LLC, a portfolio company of Quad‑C Management, has acquired Pro Foam Insulators, Ltd. (Lufkin, TX) and Accu‑coat Spray Products, LLC (Maryville, TN / W. Jefferson, NC). The add‑on acquisitions expand SEI's installed insulation and specialty building products footprint in residential new construction and light commercial markets; terms were not disclosed.
-
Domfoam Acquires Foamco Industries
July 2, 2024
Manufacturing
Domfoam, a Montreal-based foam manufacturer, has acquired Foamco Industries, a Concord (GTA), Ontario foam fabricator to expand its presence in the Greater Toronto Area and broader Ontario market. The deal increases Domfoam's manufacturing footprint to five facilities (over 550,000 sq. ft.), enables next-day delivery across the GTA, and strengthens production capacity to better serve bedding, seating and medical customers.
-
Carpenter Co. Acquires NCFI's Consumer Products Division (flexible foam assets)
November 16, 2023
Manufacturing
Carpenter Co., a Richmond, Virginia–based manufacturer of polyurethane foams, has agreed to acquire the flexible foam assets of NCFI Polyurethanes' Consumer Products Division in Mount Airy, North Carolina. The deal expands Carpenter's engineered-foams capacity and complements its existing operations in Conover, North Carolina, while adding product lines serving furniture, mattress, aerospace, marine and medical markets.
-
Altor Solutions Acquires Foam Concepts
February 2, 2022
Manufacturing
Altor Solutions, a Compass Diversified-backed packaging and componentry platform, acquired Foam Concepts, Inc., a Uxbridge, Massachusetts manufacturer of expanded polystyrene (EPS) foam products. The acquisition expands Altor's manufacturing footprint in the Northeast and strengthens its capabilities in protective and cold-chain packaging as part of a broader consolidation strategy.
-
Wynnchurch Capital Acquires Insulation Corporation of America
January 6, 2021
Manufacturing
Wynnchurch Capital has acquired Insulation Corporation of America (ICA), an Allentown, Pennsylvania-based manufacturer of expanded polystyrene (EPS) foam products. ICA will be combined under a single platform with Wynnchurch portfolio companies Drew Foam Companies, Inc. and Huntington Foam, LLC to expand the platform’s geographic reach and product capabilities in the Northeast U.S.
-
Foam Fabricators Acquires Substantially All Assets of Polyfoam Corp.
July 2, 2020
Packaging
Foam Fabricators, a Compass Diversified Holdings-backed packaging platform, has acquired substantially all of the assets of Massachusetts-based Polyfoam Corp., expanding Foam Fabricators' protective and temperature-sensitive packaging capabilities and geographic footprint. The deal adds Polyfoam's cold-chain and injection-molded plastic capabilities and enables cross-selling to national customers while Foam Fabricators also announced a partnership with Rational Packaging and commercialization of a biodegradable EPS product.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.