# Prince Rubber and Plastics becomes employee-owned ESOP company

Prince Rubber and Plastics was bought entirely by its employees as a stock-ownership company (ESOP) in June 2020, transitioning from family ownership.

- Type: Acquisition
- Announced: 2020-03-30
- Where: United States
- Status: completed
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Prince Rubber and Plastics](https://endata.com/companies/46199.md)

## Sources

- [princerp.com](https://princerp.com/news/), 2020-03-30: "After decades of being owned by the Prince family, Prince was bought entirely by its employees as a stock-ownership 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.