# ABC Technologies to acquire Plastikon's automotive business for $130M

ABC Technologies has entered into an agreement to acquire the automotive business of Plastikon Industries for $130 million.

- Type: Acquisition
- Announced: 2023-08-23
- Where: United States
- Value: $130.0M
- Status: announced
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Plastikon Industries](https://endata.com/companies/25412.md) (target)
- [ABC Technologies Holdings](https://endata.com/companies/60313.md) (acquirer)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5272227/abc-technologies-to-acquire-plastikons-automotive-business), 2023-09-08: "ABC Technologies has entered into an agreement to acquire an automotive business of Plastikon Industries, it said in a press release dated August 23."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/ABC-TECHNOLOGIES-HOLDINGS-119313659/news/ABC-Technologies-Holdings-Inc-completed-the-acquisition-of-Automotive-business-of-Plastikon-Industr-46060597/), 2023-09-29: "ABC Technologies Holdings Inc. completed the acquisition of Automotive business of Plastikon Industries, Inc. on September 30, 2023."

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