Canadian Plastics

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.

November 1, 2012   Canadian Plastics

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.”


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