Mergers and acquisitions (M&A) activity has had a great impact on plastics-related companies in North America for years. When these companies sell to private-equity funds or powerful strategic players eager for new business opportunities, company owners are given a mechanism for exit or retirement. Such transition nourishes the influx of new blood, ready capital and creative new approaches for growth.
While all plastics processors have long been accustomed to buying and selling activity, the capital-intensive mold and tooling providers have experienced less M&A action because prior to the rising maturity and growth of North American mold and tooling, most tooling came from Europe or South America. M&A activity is now becoming stronger in the United States and Canada, as previously offshored product comes back to the region. [Click here to continue reading at moldmakingtechnology.com]