# Polytek Development Corp acquires Alumilite Corporation

MPE Partners announced that Polytek Development Corp has acquired Alumilite Corporation, a formulator and supplier of mold making and casting materials. Alumilite will be merged into Polytek to form a nationally integrated specialty chemicals provider.

- Type: Acquisition
- Announced: 2018-07-12
- Where: United States
- Status: completed
- Products: mold making and casting materials, specialty polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [MPE Partners](https://endata.com/companies/8513.md) (investor)
- [Polytek Development Corp](https://endata.com/companies/25021.md) (acquirer)
- [Alumilite Corporation](https://endata.com/companies/33080.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/mpe-partners-announces-polytek-development-corps-acquisition-of-alumilite-corporation-300679616.html), 2018-07-12: "We saw a fantastic fit between Polytek and Alumilite, and believe the synergies and shared capabilities between the two will accelerate the growth of the combined company."
- [mpepartners.com](https://www.mpepartners.com/mpe-partners-announces-polytek-development-corps-acquisition-of-alumilite-corporation/), 2018-07-12: "We saw a fantastic fit between Polytek and Alumilite, and believe the synergies and shared capabilities between the two will accelerate the growth of the combined company."

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