Rivard Park Advisors LLC has acquired injection molder Plast-O-Foam LLC and renamed the company Lyons Manufacturing Group.
The deal was finalized in January but was announced Aug. 22. In a news release, officials with Rivard Park in Troy, Mich., said the newly named firm, based in Clinton Township, Mich., "has undergone substantial changes to enhance its offerings and capabilities" since the acquisition.
According to its website, Lyons offers "deep injection molded plastics that specifically address the needs of automotive manufacturers and their suppliers." The firm has four 3,000-ton presses for both small-batch and high-volume production, according to the site.
Lyons operates a 95,000-square-foot plant and has an additional 40,000 square feet of warehouse space. Regions served by the firm include North America, South America and Europe.
The rebranding "marks a new chapter for the company, reflecting its evolution and commitment to excellence in the injection molding industry," officials added. They also said the move "is part of a broader effort to better align with the company's vision and to enhance its market presence."