Private equity deal joins Drew Foam, Huntington Foam
Private equity deal joins Drew Foam, Huntington Foam Two plastic foam manufacturers with multiple North American plants are uniting under one umbrella. Rosemont, Ill.-based private equity company Wynnchurch Capital LP announced Dec. 29 that it has purchased Huntington Foam LLC and is combining the business with Drew Foam Cos. Inc., a company that Wynnchurch bought on Nov. 9. "Huntington is highly regarded across the industry as a market leader in providing custom foam fabricating solutions to a wide range of end markets," Frank Hayes, managing partner at Wynnchurch, said in a news release. "...
Source: plasticsnews.com