Jordan Group buys majority stake in Spartech
Jordan Group buys majority stake in Spartech Inks Leading plastics processor Spartech LLC has a new majority owner for the second time in less than two years. An affiliate of private equity firm The Jordan Co. LP has acquired a majority stake in Maryland Heights, Mo.-based Spartech for an undisclosed price. In a May 10 news release, officials with TJC in New York said the acquisition was completed in partnership with Spartechs existing management team. Private equity firm Nautic Partners of Pro...
Source: plasticsnews.com