The Sterling Group Acquires Polychem Corporation
March 15, 2019
The Sterling Group, a middle-market private equity firm, has completed the acquisition of Polychem Corporation, a Mentor, Ohio-based manufacturer of polyester (PET) and polypropylene strapping and related securement packaging equipment. The transaction gives Sterling a platform in the securement packaging sector with Polychem’s vertically integrated manufacturing and PET recycling capabilities to serve food & beverage, consumer packaged goods and industrial customers.
- Buyers
- The Sterling Group
- Targets
- Polychem Corporation
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
The Sterling Group Forms Evergreen Platform by Acquiring CarbonLITE's Riverside PET Facility
June 1, 2021
Environmental Services
The Sterling Group executed a carve-out of Evergreen (the PET recycling division of Greenbridge Packaging) and merged it with the Riverside, California assets of CarbonLITE acquired through a 363 bankruptcy process to form a national PET recycling platform, Evergreen. The deal gives Evergreen a West Coast presence and increases food-grade rPET manufacturing capacity, with the Riverside facility measuring 220,000 square feet and an estimated annual capacity of more than 100 million pounds of rPET.
-
Polytek Development Corp. Acquires Specialty Resin & Chemical
September 7, 2021
Manufacturing
Polytek Development Corp., a portfolio company of Arsenal Capital Partners, acquired Specialty Resin & Chemical, a Dowagiac, Michigan–based supplier of mold making, casting, and coating resins. Daniel Wilson, the owner of Specialty Resin & Chemical, will remain in an active role; Genesis Capital served as financial advisor to Polytek.
-
Charter Next Generation Acquires Polymer Film & Bag, Inc.
August 8, 2022
Packaging
Charter Next Generation (CNG) has acquired Polymer Film & Bag, Inc., the extrusion business of the Polymer Packaging family based in Massillon, Ohio, along with certain related assets. The deal brings PF&B's co-extrusion capabilities and SQF-certified food-film production into CNG's platform to expand capabilities and serve new vertical markets.
-
MFG Chemical (Platte River Equity) Acquires H.P. Polymers
April 23, 2024
Manufacturing
MFG Chemical, a Platte River Equity portfolio company, has acquired H.P. Polymers, an independent paint and coatings resin manufacturer based in Puslinch, Ontario. The deal expands MFG's product portfolio and capabilities in the paint and coatings sector, enhancing service to customers across metal, wood, marine, specialty and coil end markets.
-
Cadman Capital Group Acquires Cheshire Polythene
August 3, 2021
Packaging
Cadman Capital Group has completed the acquisition of specialist packaging manufacturer Cheshire Polythene. The deal is an add-on to Cadman's packaging platform—facilitated through portfolio company BACKS Enterprises—and expands the firm's industrial packaging portfolio alongside Norpol and Burbridge Packaging.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.