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IPL to acquire Macro Plastics for US$150 million · Endata

◂ Announcements

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

May 23, 2017ACQUISITIONFairfield, California, United States

IPL to acquire Macro Plastics for US$150 million

IPL Inc. announced the acquisition of Macro Plastics Inc., a rigid plastic bulk bin maker headquartered in Fairfield, California, for US$150 million. Macro operates three plants in California, Washington and Kentucky and gives IPL a West Coast presence.

Value

$150.0M

Status

Announced

Productsrigid plastic bulk binsbulk packaginginjection molded plastic products

CompaniesIPL acquirer One51 investor Macro Plastics target

Sectors#Plastics and Polymers

“IPL Inc. ... continues its growth by today announcing the acquisition of Macro Plastics Inc. for US$150 million.”newswire.ca

1 source
newswire.caIPL announces significant US acquisition of Macro Plastics Inc. for US$150 MillionMay 23, 2017

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

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Apr 21, 2017CONTRACTCalgary, Alberta, Canada$9.75M
IPL wins C$13M contract to make 325,000 green bins for City of Calgary
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Nov 11, 2016INVESTMENT$36.0M
IPL announces $36 million plan to expand production in Canada and US
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Nov 11, 2016ACQUISITIONOhio, Georgia and Minnesota, United States$35.0M
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