JBC Technologies Acquires HST Materials, Inc.
April 6, 2022
JBC Technologies, a River Associates-backed flexible materials converter, has acquired Elk Grove Village, Illinois-based HST Materials, Inc. as an add-on to expand JBC's geographic footprint and augment its converting and die-cutting capabilities, particularly servicing automotive and off-road transportation OEMs and tier suppliers. The deal closed March 31, 2022; terms were not disclosed and the seller was HST's former ownership (Kathy Miller and Eric).
- Targets
- HST Materials, Inc.
- Sellers
- Kathy Miller (former owner), Eric (former owner)
- Platforms
- JBC Technologies, Inc.
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Addon
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