Techniplas Acquires Molded Products Division of Lyle Industries
December 2, 2021
Techniplas, LLC has acquired the Molded Products Division of Lyle Industries, Inc., a Tier 1 supplier of cargo systems, carpeted trim and molded floors for luxury SUVs and electric passenger cars. The divestiture gives Techniplas new strategic manufacturing locations in the U.S. Southeast and complementary molding process capabilities while Lyle Industries will continue to supply premium carpet to the business.
- Buyers
- Techniplas, LLC
- Targets
- Molded Products Division of Lyle Industries, Inc.
- Sellers
- Lyle Industries, Inc.
- Industry
- Manufacturing
- Location
- Georgia, United States
- Transaction Type
- Divestiture
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