# HEXPOL acquires 80% of Piedmont Resin Supply for $86M

HEXPOL has signed an agreement to acquire 80% of the shares in Piedmont Resin Supply LLC, a US nylon compounder, for $86 million on a cash and debt free basis. The closing took place on October 31, 2024.

- Type: Acquisition
- Announced: 2024-10-31
- Where: Cartersville, GA, United States
- Value: $86.0M
- Status: completed
- Products: nylon compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hexpol](https://endata.com/companies/504.md) (acquirer)
- [Piedmont Resin Supply](https://endata.com/companies/80778.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/hexpol/r/hexpol-acquires-80-percent-of-the-shares-in-piedmont-resin-supply-llc--a-leading-us-nylon-compounder,c4059546), 2024-10-31: "The acquisition of Piedmont adds new capabilities, application knowhow and a new customer base to HEXPOL Thermoplastic Compounding in the US."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/HEXPOL-AB-22222253/news/HEXPOL-acquires-80-percent-of-the-shares-in-Piedmont-Resin-Supply-LLC-a-leading-US-Nylon-compounder-48227307/), 2024-10-31: "The acquisition of Piedmont adds new capabilities, application knowhow and a new customer base to HEXPOL Thermoplastic Compounding in the US."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/HEXPOL-AB-22222253/news/Hexpol-becomes-majority-shareholder-in-US-Piedmont-Resin-Supply-48229704/), 2024-11-01: "The acquisition of Piedmont adds new capabilities, application know-how and a new customer base to Hexpol Thermoplastic Compounding in the US."
- [canplastics.com](https://www.canplastics.com/materials/hexpol-acquires-majority-stake-in-nylon-compounder-piedmont/1003465318/), 2024-11-01: "The acquisition of Piedmont adds new capabilities, application knowhow and a new customer base to Hexpol Thermoplastic Compounding in the U.S."
- [rubberworld.com](https://rubberworld.com/hexpol-acquires-80-percent-of-the-shares-in-piedmont-resin-supply-llc/), 2024-11-05: "HEXPOL has signed an agreement to acquire 80 percent of the shares in Piedmont Resin Supply, LLC (Piedmont) from the founder Mr. Matt Griffith and Mr. Paul Daniel."
- [rubberworld.com](https://rubberworld.com/hexpol-acquires-80-percent-of-the-shares-in-piedmont-resin-supply-llc-2/), 2024-12-02: "The acquisition of Piedmont adds new capabilities, application knowhow and a new customer base to HEXPOL Thermoplastic Compounding in the US."

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