Nefab Group completes acquisition of Precision Formed Plastics, Inc. to strengthen its global market position in sustainable thermoformed cushioning solutions
Acquiring Company
Nefab
Acquired Company
Precision Formed Plastics
Jönköping
DallasManufacturingOil And GasSupply Chain ManagementLogisticsManufacturingDescription
Nefab Group, through Nefab Packaging, Inc. USA, has acquired Precision Formed Plastics, Inc., a Texas-based group specializing in high quality thermoformed cushioning solutions made from recycled plastics. This strategic acquisition further strengthens Nefab's market position in the Americas and its commitment to saving resources in supply chains, expanding its portfolio of sustainable solutions and in-house production capacity.
Quick answer
Nefab is acquiring Precision Formed Plastics, announced April 2, 2024. Nefab is based in Jönköping, Jönköping, Sweden.
- How much did Nefab pay for Precision Formed Plastics?
- The deal value was not disclosed.
- What does Nefab do?
- Nefab Group optimizes supply chains and creates smarter packaging and logistics solutions while respecting high ethical standards.
- Where are Nefab and Precision Formed Plastics based?
- Nefab is based in Jönköping, Jönköping, Sweden. Precision Formed Plastics is based in Dallas, Texas, United States.
- Who are the decision-makers at Nefab?
- Fundz holds 1 contact at Nefab. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Precision Formed Plastics?
Precision Formed Plastics was acquired by Nefab, based in Jönköping. The deal was reported on April 2, 2024. Nefab Group optimizes supply chains and creates smarter packaging and logistics solutions while respecting high ethical standards. Nefab is privately held and operates in Manufacturing.
When did Nefab acquire Precision Formed Plastics?
Nefab's acquisition of Precision Formed Plastics was reported on April 2, 2024. Nefab Group, through Nefab Packaging, Inc. USA, has acquired Precision Formed Plastics, Inc., a Texas-based group specializing in high quality thermoformed cushioning solutions made from recycled plastics. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Precision Formed Plastics do?
Precision Formed Plastics, Inc. is a Texas-based producer of thermoformed plastic packaging with a specialty in high recycled content and cushion. It is privately held, operating in Manufacturing, and is based in Dallas.
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