Graham Partners buys Scandia Plastics

Published: October 12, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Packaging, Blow Molding

NEWTOWN, PA. (Oct. 12, 4:30 p.m. ET) — In a deal that recalls Donald Graham's roots in the plastic packaging market, private equity firm Graham Partners Inc. has purchased Sheboygan, Wis.-based blow molder Scandia Plastics Inc.

Scandia has one plant, in Sheboygan, and estimated sales of $22 million. The company makes bottles, wide-mouth containers, medical containers and light industrial parts.

According to Plastics News’ most recent survey of North American blow molders, the company has an estimated 35 machines and 90 employees.

Scandia CEO Lars Graff said in a news release that the family-owned, business, which is more than 30 years old, felt that finding a partner with plastics packaging expertise was important.

Graham Partners, based in Newtown, near Philadelphia, was founded by Donald Graham, who started both a major blow molder and a blow molding machinery firm: Graham Packaging Co. Inc. and Graham Machinery Corp.

This week Donald Graham received a Lifetime Achievement Award from the Society of Plastics Engineers' Blow Molding Division.

Adam Piatkowski, managing principal at Graham Partners, said the firm anticipates “considerable growth” for Scandia, in part thanks to Graham’s industry knowledge.

Graham Partners targets manufacturing or industrial service companies with annual sales of between $30 million and $500 million and profit of between $5 million and $50 million.

The company’s plastics packaging-related holdings include stakes in blow molder Western Industries Inc. and Berry Plastics Group Inc., an injection molder, thermoformer and film extruder that went public on the New York Stock Exchange on Oct. 4.


Comments

Graham Partners buys Scandia Plastics

Published: October 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Amcor buys Chinese flexible packaging plant

December 18, 2014 1:47 pm ET

Australian-based global packaging company Amcor Ltd. is buying a Chinese flexible packaging business for 211 million RMB (US$31.4 million).    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

Sweden's Indutrade buys Belgian packaging firm Verbeek

December 18, 2014 9:42 am ET

Sweden's Indutrade AB has purchased all the shares in Belgium's Verbeeck Packaging Group.    More

Image

Röchling buys two UK firms

December 18, 2014 9:24 am ET

Germany's Röchling Engineering Plastics SE & Co. KG has expanded its presence in the high-performance plastics market by acquiring two British firms...    More

Image

Bubbles add some flair to 'Plain Jane' PET bottles

December 17, 2014 1:05 pm ET

Ron Puvak and the folks over at Plastic Technologies Inc. see big things coming from some very tiny bubbles.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events