Announced
Completed
Financials
Sources
Tags
United States
Single Bidder
Acquisition
plastic moulds
Majority
Friendly
Plastics
Private Equity
Cross Border
Completed
Private
Synopsis
ICG, a private equity investment firm, completed the acquisition of Seaway Plastics Engineering, a plastics engineering and low volume injection molding company. Financial terms were not disclosed. “I am immensely proud of all the success Seaway has seen in its nearly 40-year history. We have enjoyed working with Tonka Bay over the past several years and look forward to partnering with ICG to further strengthen our sales coverage, product capabilities, and production capacity,” Tom Orr, Seaway CEO.
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