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Press release submitted on behalf of CMG Plastics. We’re excited to announce a significant expansion of our Canadian operations, reflecting our commitment to supporting the growth of our customers and staying at the forefront of the plastic packaging industry. This ambitious project, which began in Spring of 2023, has transformed our existing space, and set the stage for … [Read more...] about CMG Plastics Expands Canadian Operations with Facility Expansion

Report submitted on behalf of Stout. There were 170 plastics industry M&A transactions from January through June 2024, in line with 1H 2023 volume as the market showcases resilience amid continued macroeconomic and geopolitical uncertainty.  Stout is pleased to present our latest Plastics Industry Update report for the first half of 2024. We hope that you find this … [Read more...] about Stout’s Plastics Industry Update Report – 1H 2024

Press release submitted on behalf of Reel Power Industrial.  The acquisition allows Reel Power to provide a turn-key downstream package to customers and allows Novatec to divest certain products to focus on their conveying, drying and moisture equipment offering. Novatec, Inc., the largest U.S.-based manufacturer of industry-leading drying and conveying equipment for … [Read more...] about Reel Power Acquires Novatec’s Downstream Equipment Products

Press release submitted on behalf of Stout. Stout announced that Viking Plastics, a portfolio company of Spell Capital Partners (Spell Capital), has been acquired by Hoffmann Family of Companies (HF Companies), a multi-vertical, family-owned private equity firm. Stout served as exclusive financial advisor to Spell Capital and Viking Plastics in connection with this … [Read more...] about Stout Advises on Sale of Viking Plastics