Myers Completes Acquisition of Brazilian Plastics Manufacturer

Myers Industries (Akron, OH) has completed its acquisition of Plasticos Novel S.A. (Lauro de Freitas, Brazil) for $27.5 million. Novel is a designer and manufacturer of reusable plastic crates and totes used for closed-loop shipping and storage in the food and agriculture industries of Brazil. Novel also produces plastic industrial safety products and has projected sales of $38 million for 2012. It will become a part of Myers’s material handling segment, which also includes Buckhorn Inc., a North American bulk container manufacturer; Akro-Mils, a plastic...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers