Announced
Completed
Financials
Tags
Private Equity
Friendly
Plastics
United States
plastic fabrication
Acquisition
Domestic
Majority
Private
Single Bidder
Completed
Synopsis
Arcane Capital Partners, a privately held investment firm, completed the acquisition of a majority stake in Petroflex North America, a plastic fabrication company, from Transition Capital Partners, a private equity firm. Financial terms were not disclosed. Petroflex manufactures superior quality, continuous length HDPE (High Density Polyethylene) conduit and accessories for the Electric Utility, Renewables (Wind & Solar), Irrigation, Telecommunications and Data/Voice industries.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.