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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. The partnership between Huntington and Drew will drive significant benefits for their respective customer bases. ....

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Private equity firm Wynnchurch Capital acquires Huntington Foam - Canadian Plastics

Private equity firm Wynnchurch Capital acquires Huntington Foam
Greer, S.C.-based Huntington Foam will be combined with EPS product maker Drew Foam Companies, which is also owned by Wynnchurch.
December 30, 2020
Canadian Plastics
Private equity company Wynnchurch Capital LP has acquired Huntington Foam LLC – a manufacturer of expanded polystyrene (EPS); high and low-density expanded polypropylene; and arcel, a polyethylene and EPS copolymer – and will combine it with Drew Foam Companies Inc., another Wynnchurch portfolio company.
The financial terms of the deal have not been disclosed.
“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 Dec. 29 news release. “The partnership between Huntington and Drew will drive significant benefits for their respective customer bases. ....

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