Mergers & Acquisitions
"Be courageous, take chances," says Linda Muroski president of Trelleborg Global Healthcare and Medical. "I've been in a whole host of different roles because I have not been afraid to learn. To make an impact, you can have depth of knowledge or breadth of experience."
Assets from the shuttered Proper Tooling LLC are set to be sold in auction later this month.
Materials firm Trinseo is restarting the sales process for its styrenics business and changing strategy to include marketing individual assets and regional businesses included in that unit.
Market analysts contacted by Plastics News said that DuPont should benefit from its acquisition of Spectrum Plastics, although there was a chance that the deal could put the firm in competition with some of its customers.
Cleveland injection molder Innovations in Plastic Inc. has a new owner, market veteran Christopher Miedza, who has renamed the business Pharoplast LLC.
LyondellBasell Industries has acquired full ownership of recycling plants in the Netherlands and Belgium for an undisclosed price.
Pallet injection molder Greystone Logistics Inc. has diversified into extrusion with its recent acquisition of the assets of Paradigm Plastic Pallets Inc.
Atlas Holdings LLC announced April 25 that it has agreed to buy Auburn Hills, Mich.-based automotive supplier U.S. Farathane LLC from the Gores Group investment firm.
Molders Jabil Inc. and Westfall Technik Inc. were Lucira suppliers and expected to receive at least part of the money owed to them through the sale.
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