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Plaskolite Completes Acquisition Of Plazit-Polygal Assets In Israel, North America, South America And Europe

Jan 05, 2022•almost 4 years ago

Acquiring Company

Plaskolite

Acquired Company

Plazit-Polygal

ColumbusInformation TechnologyMobileManufacturingManufacturing

Description

Plaskolite LLC (“Plaskolite”), North America’s largest manufacturer of engineering thermoplastic sheet and profile products, today announced it has completed the acquisition of substantially all of the assets of Plazit-Polygal, an international pioneer in the design, development and manufacturing of engineering thermoplastic sheets based in Kibbutz Gazit, Israel.

Company Information

Company

Plaskolite

Location

Columbus, Ohio, United States

About

Founded in 1950 in Columbus, Ohio, by Donald G. Dunn and family, Plaskolite, LLC is a global leader in the manufacturing of engineering thermoplastics, including Acrylic, Polycarbonate, ABS, PVC, HDPE and PETG Sheet, Extruded Profiles and PMMA Polymers. Plaskolite is owned by Pritzker Private Capital along with the Dunn family, management and other co-investors. Plaskolite’s customized products are used in a wide variety of applications, including windows, doors, lighting, signs, point-of-purchase displays, transportation, security and bath products. Plaskolite serves a diverse customer base including distributors, OEMs and retailers. For more information, please visit plaskolite.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed