Nexeo Plastics, LLC: Nexeo Plastics Acquires Nevicolor
Expands European Presence and Range of Specialty Polymers and Compounding Offerings
Nexeo Plastics, LLC ( Nexeo Plastics ), a leading global thermoplastics resin distributor and an affiliate of GPD Companies, Inc. ( GPD ), today announced that it has acquired Nevicolor S.p.A. ( Nevicolor or the Company ), a leading Italian distributor and compounder of thermoplastics. Terms of the transaction were not disclosed.
A family-founded business based in Luzzara, Italy, with broad geographic reach throughout the country, Nevicolor has provided value-added thermoplastic resins, compounds and application development services for over 57 years. The Company s products serve a variety of customers and suppliers in the industrial components, healthcare, automotive, advanced packaging, agriculture and electrical sectors. Nevicolor serves more than 800 customers with a portfolio of over 3,000 grades of high-quality polymers, including rec
WAUKESHA, Wis. CentroMotion, a leading designer and manufacturer of highly engineered components and systems for the industrial and transportation markets, announced it has entered into an agreement to acquire Carlisle Brake & Friction (CBF), the largest global manufacturer of friction materials and mechatronic solutions for off highway brake and transmission products, from Carlisle Companies Incorporated (NYSE: CSL).
CBF will join CentroMotion’s growing portfolio of global brands, currently comprised of CrossControl, Elliott Manufacturing, Gits Manufacturing, maximatecc, Power-Packer and Weasler Engineering.
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CentroMotion is headquartered in Waukesha, Wisconsin with approximately 2,000 employees serving customers across 50 countries. Founded in 1920, CBF is headquartered in Medina, Ohio with approximately 1,350 employees serving customers across 70 countries. Since 2019, CentroMotion has been owned by an affiliate of One Rock Capital Partners, LLC (“One Rock”
M&A Activity Picks Up in F&B Sectors, Including Functional Water Assets Space
- NetworkNewsWire Editorial Coverage
NEW YORK, May 25, 2021 /PRNewswire/ After a sluggish start to 2020, merger and acquisition activity in the food and beverage industry survived COVID-19 and picked up in H2, with 136 of the year s 222 transactions closing after June last year. Total transaction value for the year was $13.8 billion, only slightly lower than 2019. Despite the lingering pandemic, consolidation continues in the industry and deal flow has returned to a torrid pace, creating an exceptionally attractive market climate for The
Alkaline Water Company Inc. (NASDAQ: WTER)(CSE: WTER) (Profile), the U.S. s largest independent alkaline water company, and its Alkaline88(R) brand, which is now endorsed by Shaquille O Neal, NBA Hall of Famer and