# Akoya Capital Partners acquires Star Plastics

Star Plastics, a processor and compounder of engineered plastics, was acquired by private equity firm Akoya Capital Partners. Financial terms were not disclosed. Founder Doug Ritchie will remain on the board.

- Type: Acquisition
- Announced: 2021-08-24
- Where: Ravenswood, West Virginia, United States
- Status: completed
- Products: engineered plastic compounds, recycled plastic compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Akoya Capital Partners](https://endata.com/companies/26633.md) (acquirer)
- [Star Plastics](https://endata.com/companies/52410.md) (target)

## Sources

- [resource-recycling.com](https://resource-recycling.com/plastics/2021/08/25/star-exec-says-acquisition-opens-door-to-bigger-faster-growth/), 2021-08-25: "Processor and compounder Star Plastics has been acquired by a private equity firm."
- [plasticstoday.com](https://www.plasticstoday.com/business/strategic-growth-plans-underpin-star-plastics-acquisition-by-akoya), 2021-08-25: "We chose to partner with the investor group Akoya Capital Partners because it is well-aligned with our company culture."
- [resource-recycling.com](https://resource-recycling.com/e-scrap/2021/08/26/acquisition-helps-grow-stars-line-of-engineered-resins/), 2021-08-26: "Our growth plans are very much in alignment; they’re just going to do it bigger, faster, broader."

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