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Strategic buyers in for the long term
This week’s Plastics News has something different: stories about strategic buyers picking up major component makers from their private equity owners. And the businesses they’re buying — Xaloy Inc., Synventive Molding Solutions Inc. and Extrusion Dies Industries LLC, cover the broad spectrum of plastics. And both buyers are publicly traded. That certainly goes against the tidal wave of private equity money that has swept through some sectors of plastics.
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