Plastics M&A market bouncing back in 2021, so far
Deal volume is up and investors seem more confident as the industry recovers from the pandemic.
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Deal volume is up and investors seem more confident as the industry recovers from the pandemic.
Share this article Share this article ELKHART, Ind., April 29, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of component and building products for the recreational vehicle ("RV"), marine, manufactured housing ("MH"), and industrial markets, today reported financial results for the first quarter ended March 28, 2021. Net sales in the first quarter of 2021 increased $261.3 million, or 44%, to $850.5 million from $589.2 million in the first quarter of 2020. The consolidated net sales increase was due to growth across all market sectors, led...
Print ROCKLEDGE, Fla. - Patrick Industries, ranked 67 on the latest FDMC 300, has acquired Hyperform Inc., a manufacturer of non-slip flooring. Hyperform operates under the SeaDek brand name, running two manufacturing plants in Florida. The company had revenues of around $25 million in 2020. "We are extremely excited to partner with the industry-leading SeaDek team and continue to build out our portfolio of high-quality marine component suppliers under our full solutions model," said Andy Nemeth, Patrick CEO. "This acquisition provides significant opportunities for growth in both the OEM m...
Publicly traded recreational vehicle and marine sector supplier Patrick Industries Inc. has made another plastics-related acquisition.The Elkhart, Ind.-based company announced April 12 that it has purchased Hyperform Inc., a manufacturer of nonslip foam flooring sold under the SeaDek brand name…
US-based components manufacturer Patrick Industries today announced that it has completed the acquisition of Hyperform Inc, parent to the SeaDek brand of non-slip foam flooring for the marine OEM and aftermarket.