# One51 to acquire Macro Plastics for $150 million

One51 plc agreed to acquire Macro Plastics for approximately $150 million through its subsidiary IPL. Macro Plastics, based in Fairfield, California, manufactures rigid plastic bulk bins and has three facilities in California, Washington, and Kentucky.

- Type: Acquisition
- Announced: 2017-05-23
- Where: Fairfield, California, United States
- Value: $150.0M
- Status: announced
- Products: rigid plastic bulk bins, rigid plastic bulk packaging solutions
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [IPL](https://endata.com/companies/319.md) (partner)
- [One51](https://endata.com/companies/321.md) (acquirer)
- [Macro Plastics](https://endata.com/companies/1474.md) (target)

## Sources

- [resources.made-in-china.com](https://resources.made-in-china.com/article/industry-view/FmiETVDGFQIa/One-Fifty-One-to-Buy-US-Firm-Macro-Plastics-for-150m/), 2017-05-23: "The acquisition will allow One51's subsidiary IPL to expand its operations in the North American rigid plastic packaging market, as well as global rigid plastic packaging container business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.