# Elysian Capital acquires majority stake in Mergon Group

Elysian Capital has acquired a majority stake in Mergon Group, a provider of plastic moulding solutions to automotive, healthcare and industrial sectors. The Beirne family retains a substantial minority ownership.

- Type: Acquisition
- Announced: 2019-12-01
- Where: Castlepollard, Co Westmeath, Ireland
- Status: announced
- Products: plastic moulding solutions, technical services, systems and components
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Elysian Capital](https://endata.com/companies/29364.md) (acquirer)
- [Mergon Group](https://endata.com/companies/44029.md) (target)

## Sources

- [mergon.com](https://mergon.com/news/mergon-group-announces-major-investment/), 2019-12-19: "We are delighted to announce this deal, which will provide Mergon with the funds and expertise to continue to grow the business and expand into new markets, in particular in China, where we see huge opportunities."
- [irishtimes.com](https://www.irishtimes.com/business/the-irish-times-business-person-of-the-month-pat-beirne-1.4134999), 2020-01-09: "it secured a multimillion euro investment from British private equity firm Elysian Capital to enable it to expand further into China"

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