Acquisition by Nautic and management / Formerly part of PolyOne
Together with the plastics processor’s management, US private equity company Nautic Partners (Providence, Rhode Island; has completed the acquisition of Spartech (Maryland Heights, Missouri / USA; from another investor, Arsenal Capital Partners (New York, New York / USA; Financial terms were not disclosed. With a US network of 14 plants, Spartech is a custom manufacturer of PMMA products, plastic sheet and rollstock, speciality film laminates and thermoformed packaging for the aerospace and defense, health care, industrial, automotive, consumer goods and packaging sectors.

Nautic is a middle‐market private equity firm that to date has focused on health care, industrial products and outsourced services. Its managing director, Chris Pierce, said the investor will continue to build up a portfolio in chemicals‐related sectors. The attraction of Spartech, he said, is the company’s expertise in difficult to manufacture products such as cell cast acrylic, flame‐retardant plastic sheet and multilayered packaging.

Formerly part of PolyOne (Avon Lake, Ohio / USA;, the Spartech business was sold to Arsenal in 2017 for USD 115m – see of 24.07.2017. More recently, Clariant (Muttenz / Switzerland; agreed to sell its health care packaging business for CHF 308m (EUR 280m) to an affiliate of Arsenal – see of 23.07.2019.
22.10.2019 [243708-0]
Published on 22.10.2019
Spartech: Eigentümerwechsel beim US-PlattenproduzentenGerman version of this article...

© 2001-2020  |  Imprint  |  Privacy  |  Cookie settings is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2020 by, Bad Homburg
Date of print: 02.12.2020 04:23:50   (Ref: 941220280)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: