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MBS Advisors 2020 Year In Review


MBS Advisors 2020 Year In Review
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FLORENCE, Mass., Jan. 28, 2021 /PRNewswire/ Despite the obvious challenges in 2020, MBS Advisors wrapped up another record year. MBS completed eight plastics-related M&A transactions in 2020, including two of the largest deals in company history.
Transactions include:
February 2020 – Santa Fe Springs, CA – RD Rubber Technology Corporation, a manufacturer of tight tolerance molded rubber and LSR components, was acquired by California-based Engineered Polymer Industries, Inc. MBS advised RD Rubber.
August 2020 – Inman, SC – Tool Technology Corporation, an injection molding and metal machining company that makes parts for outdoor recreation and consumer products, was acquired by Orchard Creek Capital. MBS advised Tool Technology. ....

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Revere adds first Mexico facility through Alliance acquisition


Revere adds first Mexico facility through Alliance acquisition
Revere Plastics Systems now has operations in Mexico thanks to an acquisition.
Novi, Mich.-based Revere Plastics Systems purchased Rochester, N.Y.-based Alliance Precision Plastics Corp. s maquiladora Alliance-McAlpin NY LLC, and its subsidiary, Alliance-McAlpin MX, effective Dec. 30.
The acquisition includes a 53,000-square-foot manufacturing facility in Saltillo, Mexico, 23 injection molding presses ranging from 67 to 720 tons and all of the company s customers. The purchase establishes Revere s first facility in the country.
This acquisition gives Revere an important foothold in the vibrant manufacturing region of Northeastern Mexico, RPS CEO Glen Fish said in a Jan 5 news release. ....

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