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HEXPOL acquires McCann Plastics for $120M · Endata

◂ Announcements

Nov 2, 2022ACQUISITIONOhio, United States

HEXPOL acquires McCann Plastics for $120M

HEXPOL has signed an agreement to acquire 100% of McCann Plastics LLC, a US specialist in thermoplastic compounding, for $120 million on a cash and debt free basis. The acquisition is expected to close in Q4 2022.

Value

$120.0M

Jobs

100

Status

Announced

Productsthermoplastic compounds

CompaniesHexpol acquirer McCann Plastics target

Sectors#Plastics and Polymers

“The acquisition of McCann is fully in line with our growth strategy with acquisitions within polymer compounds and strengthens our market position in the US.”investors.hexpol.com

3 sources
investors.hexpol.comHEXPOL has signed an agreement to acquire 100% of the shares in McCann Plastics, an American specialist in thermoplastic compounding | Hexpol ABNov 2, 2022
plasticsnews.comHexpol buys thermoplastics firm McCann Plastics for $120M - Plastics NewsSarah KominekNov 10, 2022
news.cision.comHEXPOL’s acquisition of the shares in McCann Plastics, an American specialist in thermoplastic compounding, is completed - HEXPOLDec 6, 2022

Summarized from public sources; check the original articles before acting on it.

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