Plastic Industry M&A Activity for March

With the world changing on a dime due to COVID-19 it has been a challenging time that many Executives have not seen before.  Some have more demand than they can handle, while others are at a complete standstill.

Jim Barrett, CEO of American Mold and Tool said in a recent interview that companies need to be open and upfront with their employees and start looking for ways to pivot their work to keep business flowing in the doors.  One short term strategy is to use your manpower to provide assembly for companies who can’t handle the demand.

With regards to M&A activity in the industry, the overall the market appeared to slow down, however, there were still a handful of “publicized” deals that closed and many other entities are still producing LOI’s and positioning themselves to take advantage of the economic situation.  

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