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Mitsubishi Plastics confirms acquisition of Quadrant Group

2:26 AM MDT | May 29, 2013 | Natasha Alperowicz

Mitsubishi Plastics (Tokyo) has acquired Quadrant Group of Companies (Reading, PA), which will allow Quadrant to continue investing in its core businesses and expand its portfolio, the companies said today. Mitsubishi Plastics is committing its resources in already established joint ventures to support Quadrant's future growth, the companies said. Steven Yurich has been appointed president and CEO of the Quadrant Group. Earlier this month, Mitsubishi Plastics said that it was buying 50% in Aquamit (Amsterdam), the holding company of the Quadrant Group, making...

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