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New Deal


Announced

Completed

Atkore completed the acquisition of United Poly Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

Acquisition

Friendly

United States

Single Bidder

Private

Plastics

Completed

plastics manufacturer

Synopsis

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Atkore, a manufacturer and distributor of electrical, mechanical, and safety infrastructure solutions, completed the acquisition of United Poly Systems, a producer of high density polyethylene pipes. Financial terms were not disclosed. "The acquisition of United Poly Systems advances our objective announced in November 2021 to deploy more than $1bn in cash toward capital expenditures and other organic investments, M&A and stock repurchases over the next two to three years to drive growth and enhance value for shareholders. United Poly Systems exemplifies our approach to acquiring strong businesses in key end markets that will enable us to maintain and expand our leadership position in the marketplace," Bill Waltz, Atkore President and CEO.

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