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Spartech Acquires Leading Custom Plastics Provider, Crawford Industries

Sep 18, 2021•almost 4 years ago

Acquiring Company

Spartech

Acquired Company

Crawford Industries

ManufacturingManufacturing

Description

Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, is pleased to announce the acquisition of Crawford Industries, L.L.C. This partnership will provide Spartech with new opportunities for growth and strengthen its abilities to develop and deliver standard and custom plastic sheet and packaging products to its valued customers.

Company Information

Company

Spartech

About

Headquartered in St. Louis, Missouri with a unique Innovation Center and 14 manufacturing facilities located throughout the United States, Spartech is a leading plastics manufacturer of engineered thermoplastic materials and specialty packaging products. Meeting exact standards for everything from food packaging to aerospace and automotive applications, Spartech continues to make a world of difference with sustainable, diverse, reliable and innovative products including UltraTufTM, Royalite®, KoradTM, PreservaPakTM, and Polycast®. https://spartech.com/

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed