# 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.

- Type: Acquisition
- Announced: 2017-05-23
- Where: Fairfield, California, United States
- Value: $150.0M
- Status: announced
- Products: rigid plastic bulk bins, bulk packaging, injection molded plastic products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [IPL](https://endata.com/companies/319.md) (acquirer)
- [One51](https://endata.com/companies/321.md) (investor)
- [Macro Plastics](https://endata.com/companies/1474.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/ipl-announces-significant-us-acquisition-of-macro-plastics-inc-for-us150-million-623868894.html), 2017-05-23: "IPL Inc. ... continues its growth by today announcing the acquisition of Macro Plastics Inc. for US$150 million."

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