Announced
Completed
Financials
Sources
Tags
Domestic
Private
United States
Friendly
Acquisition
Completed
Private Equity
Plastics
plastics manufacturer
Majority
Single Bidder
Synopsis
Aurora Capital-backed PSC Group, a product handling and site logistics company for the refining, chemical, and marine transportation industries, completed the acquisition of Thermoplastics Services, a plastic custom compounding and pelletizing business. Financial terms were not disclosed. "This partnership will provide broader access to PSC's blue chip customer base and rapidly expand our industry-leading sustainability solutions. We look forward to bringing our specialized technology to PSC's existing high-quality service offerings and supporting our customers' goals of an increasingly circular economy across the plastics industry," Ashley Wade, TSI President.
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