# Plaskolite to acquire Plazit-Polygal Plastics for $210 million

US company Plaskolite has agreed to acquire Plazit-Polygal Plastics from Kibbutz Gazit and Leumi Partners for $210 million. Plazit-Polygal manufactures polycarbonate thermoplastics and profiles.

- Type: Acquisition
- Announced: 2021-10-10
- Where: Israel
- Value: $210.0M
- Status: announced
- Products: polycarbonate thermoplastics, profiles
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Plaskolite](https://endata.com/companies/30054.md) (acquirer)
- [Plazit-Polygal Plastics](https://endata.com/companies/58290.md) (target)
- [Kibbutz Gazit](https://endata.com/companies/58291.md) (partner)
- [Leumi Partners](https://endata.com/companies/58292.md) (partner)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-plaskolite-to-buy-kibbutz-gazits-plazit-polygal-plastics-for-210m-1001386787), 2021-10-10: "Kibbutz Gazit's Plazit Industries is to sell its Plazit-Polygal Plastics unit to US company Plaskolite for $210 million."

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