Canadian Plastics

News

Bag maker Hilex bought by Wind Point Partners

Hilex Poly Co LLC, described as the largest plastic bag manufacturer in North America, has been acquired by Chicago-based private equity firm Wind Point Partners.



Hilex Poly Co LLC, described as the largest plastic bag manufacturer in North America, has been acquired by Chicago-based private equity firm Wind Point Partners.

The terms of the deal have not been disclosed.

Headquartered in Hartsville, S.C., Hilex makes a variety of bags and films for grocery, retail and good service operations, including bags with post-consumer recycled resin.

“Hilex is a clear market leader with a strong management team, high quality products and excellent customer service,” said Michael Nelson, a managing director at Wind Point. “[We have] developed a clear value creation plan to accelerate growth by introducing new products and completing complementary acquistions.”


Print this page

Related Posts



Have your say:

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>