Announced
Completed
Financials
Sources
Tags
Domestic
Plastics
Private
plastic fabrication
United States
Acquisition
Majority
Completed
Friendly
Single Bidder
Synopsis
Vermilion Group, a private equity firm, completed the acquisition of Intek Plastics, a plastic fabrication company. Financial terms were not disclosed. “Northborne’s expertise representing manufacturing businesses was invaluable as Intek explored strategic options and ultimately identified the right partner in Vermilion Group. My team and I look forward to continuing to grow the business in this next phase of its ownership," Jill Hesselroth, Intek CEO.
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