Private equity firm buys plastisol maker Rutland Plastics

By Frank Esposito
Senior Staff Reporter

Published: September 3, 2013 12:35 pm ET
Updated: September 3, 2013 12:37 pm ET

Related to this story

Topics Materials, Mergers & Acquisitions, Materials Suppliers

Private equity firm Riverside Co. of Cleveland has added to its plastics holdings by purchasing Rutland Plastics Inc., a maker of plastisol compounds and screen printing inks in Pineville, N.C.

Rutland is a leader in North American screen printing ink, officials said in a Sept. 3 news release. Its plastisol compounds are sold into automotive parts and a range of industrial products. The firm was founded in 1962 and operates four plants in North America, as well as plants in the United Kingdom, Peru and India.

Riverside plans to grow Rutland and drive continued market share gains, officials said in the release. Riverside’s most recent plastics deal came in October when it sold injection molder and extruder Coeur Holding Co.

The Rutland buy reverses a string of four plastics-related divestitures since 2008 for Riverside. The firm also owns PVC window extruder Sunrise Windows Ltd. Of Temperance, Mich. Riverside’s portfolio includes more than 70 companies. The firm has been involved in more than 300 transactions since opening in 1988.


Comments

Private equity firm buys plastisol maker Rutland Plastics

By Frank Esposito
Senior Staff Reporter

Published: September 3, 2013 12:35 pm ET
Updated: September 3, 2013 12:37 pm ET

Post Your Comments


Back to story


More stories

PolyOne says new Shanghai center will ease collaboration across segments

April 24, 2014 2:34 pm ET

PolyOne Specialty Engineered Materials is opening an innovation Center in Shanghai's Jinqiao development zone that will serve as its new Asia Pacific ...    More

Biopolymer firms report sucess with PHA pilot production

April 24, 2014 1:30 pm ET

Biopolymer developer Meridian Inc. and Tate & Lyle plc have reported successful pilot production of Meridian’s process to make...    More

Songwon acquires division of India's SeQuent

April 24, 2014 12:22 pm ET

Songwon Industrial Group of South Korea has signed a deal with SeQuent Scientific Limited, India to acquire SeQuent's specialty chemicals business.    More

Image

Performance Plastics unit helps lead to increase in sales for Dow Chemical

April 24, 2014 9:57 am ET

Dow reported turnover of $14.5 billion April 23, including an adjusted 6 percent increase in sales at its performance plastics operation, which it...    More

Image

China's biggest fuel tank maker getting a US foothold

April 23, 2014 4:41 pm ET

The majority owner of China's biggest fuel tank maker is expanding its global automotive footprint with the acquisition of the fuel tank unit of Canad...    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events