Description
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Leading manufacturer of injection molded plastic containers, cups, and closures |
Transaction
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Acquired in June 1996 by AEP II and co-investors |
Rationale
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First Atlantic industry focus: Plastics packaging |
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Growing market with extremely fragmented competition |
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Excellent platform for related add-on acquisitions |
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Superior management team
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First Atlantic Value-Added
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Focus on growth of higher margin product lines |
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Strengthen value-added capabilities |
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Invest in and upgrade systems and manufacturing technology |
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Aggressively and systematically pursue acquisition opportunities |
