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
Reel Power Acquires Novatec’s Downstream Equipment Products
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
Stout Advises on Sale of Viking Plastics
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
BinMaster Recovers with New Plant, Offices, Staff After Tornado Devastation
Press release submitted on behalf of BinMaster. On April 26, 2024, an F3 tornado decimated the 115,000-square-foot facility in less than 20 seconds. In a remarkable feat, BinMaster was back to assembling level sensors and wireless devices at a new plant location within just three weeks. In mid-July, BinMaster moved into its new offices on Transformation Drive at the … [Read more...] about BinMaster Recovers with New Plant, Offices, Staff After Tornado Devastation
Four Process Celebrates 50-Year Manufacturing Milestone
Press release submitted on behalf of Four Process. Veteran-founded, woman-owned and third-generation family business, Four Process Ltd., Valley Park, Missouri, a custom precision plastic injection molder, is proud to celebrate its 50th anniversary and a new expanded facility. Offering injection molding assembly, custom inventory management and production capabilities, the … [Read more...] about Four Process Celebrates 50-Year Manufacturing Milestone