Commercial Plastics Co. has purchased certain assets of Lenco Inc.- PMC , according to the financial advisor for PMC Group Inc., the parent of Lenco.
Stout Risius Ross of Chicago served as the exclusive financial advisor to PMC Group. Terms of the transaction were not announced.
Commercial Plastics officials did not respond to requests for comment.
Lenco is a molder in Waverly, Neb., specializing in high volume injection molding, assembly and secondary finishing. According to its website, it has a tool room and 60 injection molding machines. It also CD and DVD packaging and a wide range of bar and food service plastic items.
Commercial Plastics is based in Mundelein, Ill. It expanded in November, 2014, with the acquisition of assets from injection molder Xten Industries LLC, in Kenosha, Wis. That operation is now known as Commercial Plastics Kenosha LLC.