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Announced

Completed

Vermilion Group completed the acquisition of Intek Plastics.

Financials

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

Sources

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Tags

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Domestic

Plastics

Private

plastic fabrication

United States

Acquisition

Majority

Completed

Friendly

Single Bidder

Synopsis

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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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