Portage Plastics Acquires Paradise Plastics Division from Paradise, Inc.

June 15, 2020

Portage Plastics Corporation has acquired Paradise Plastics, the thermoforming and plastic products division of Paradise, Inc., in a transaction announced June 15, 2020. The sale — advised by Hyde Park Capital — transfers Paradise Plastics’ thin- and heavy-gauge thermoforming and tool-making capabilities to Portage Plastics to expand its manufacturing and design services.

Buyers
Portage Plastics Corporation
Targets
Paradise Plastics
Sellers
Paradise, Inc.
Industry
Packaging
Location
Florida, United States
Transaction Type
Divestiture

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