Westfall Technik Acquires Carolina Precision Plastics (CPP Global)
July 2, 2021
Westfall Technik, a global holding company for plastics manufacturing, has acquired Carolina Precision Plastics, LLC (d/b/a CPP Global), adding CPP's three plants in Mocksville and Asheboro, North Carolina and Kaiping, China to its footprint. CPP operates roughly 100 injection molding machines across ~335,000 sq ft of manufacturing space and brings capabilities in high-volume automated assembly, decorating, and sustainable PET jar molding; terms were not disclosed.
- Buyers
- Westfall Technik, Inc.
- Targets
- Carolina Precision Plastics, LLC (d/b/a CPP Global)
- Industry
- Packaging
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
PPC Flexible Packaging Acquires Plastic Packaging Technologies (PPT)
October 21, 2022
Packaging
PPC Flexible Packaging LLC, a GTCR-backed flexible packaging platform headquartered in Buffalo Grove, Illinois, has acquired Plastic Packaging Technologies, LLC (PPT), a flexible packaging manufacturer based in Kansas City, Kansas. The acquisition adds PPT’s two manufacturing and distribution facilities and ~425 employees to PPC’s network, expanding capacity, capabilities and geographic footprint across North America.
-
Installed Building Products Acquires Carolina Precision Fibers
September 8, 2025
Building Products
Installed Building Products, Inc. (IBP) has acquired Carolina Precision Fibers ACP, LLC (CPF), a manufacturer of cellulose-based insulation, hydromulch and composite fiber products based in Ronda, North Carolina. The acquisition adds over $20 million of annual revenue and expands IBP's direct access to environmentally responsible insulation materials across multiple U.S. regions.
-
Alleghany Capital Forms Piedmont Manufacturing to Acquire Wilbert Plastic Services
May 11, 2021
Manufacturing
Alleghany Capital Corporation formed a new wholly-owned subsidiary, Piedmont Manufacturing Group, LLC, to acquire Wilbert, Inc. (dba Wilbert Plastic Services), a U.S. injection-molded and thermoformed parts manufacturer. The acquisition brings Wilbert's four facilities and over 600 employees into Alleghany Capital's industrial platform as it looks to build Piedmont Manufacturing into a platform for value-added plastics and contract manufacturing.
-
Quad Capital Partners Acquires Worldwide Technologies
July 23, 2024
Manufacturing
Quad Capital Partners, a private investment firm focused on middle-market manufacturing companies, has acquired Worldwide Technologies (WWT), a precision CNC machining and fabrication business with facilities in Franklin and Glasgow, Kentucky. The transaction provides QCP a flagship manufacturing platform with advanced automation and engineering capabilities; WWT employs more than 150 people and operates over 100 CNC machines.
-
Bain Capital Private Equity Acquires World Wide Packaging
April 3, 2018
Packaging
Bain Capital Private Equity has acquired World Wide Packaging LLC, a US-based cosmetics packaging provider, and simultaneously purchased a Chinese cosmetics packaging manufacturer with plans to merge the two into an integrated global solutions provider. The transaction keeps WWP's senior management in place and aims to combine US customer-facing design and sales capabilities with manufacturing scale in China to expand service offerings and access high-growth Asian markets.
-
Consolidated Precision Products Recapitalized by Berkshire Partners with Continued Backing from Warburg Pincus
June 14, 2019
Aerospace & Defense
Consolidated Precision Products Corp. (CPP), a Cleveland-based manufacturer of precision castings and sub-assemblies for the commercial aerospace, defense and industrial gas turbine markets, announced a recapitalization with Berkshire Partners alongside existing investor Warburg Pincus. The investment will support CPP's long-term growth strategy and capability expansion, including continued M&A activity; terms were not disclosed.
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.