Packaging and container manufacturer Hub Plastics has acquired plastic bottles manufacturer Midwest Container and Industrial Supply.

Based in the US, Midwest Container specialises in manufacturing plastic bottles in high-and-low-density polyethylene, clarified polypropylene, and PET, among others.

The company also offers 300 different configurations of rigid plastic bottles as well as customised bottle designs, stereolithography models and prototype moulds.

The acquisition will add complementary product offerings to Hub Plastics’ portfolio, which the company has not produced so far. It will also strengthen the company’s presence in the Midwest region of the US.

The two companies also have significant overlap in their customer base and suppliers.

Following the acquisition, Midwest Container will operate as Hub Plastics – Midwest. Financial terms of the transactions were not disclosed.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Capital market company Sikich Investment Banking acted as the exclusive sell-side adviser to Midwest Container during the transaction.

Midwest Container owner Kent Meentemeyer said: “As I prepared for my retirement, I turned to David Sauerburger at Sikich, my tax adviser since my company’s inception over 40 years ago.

“He suggested I work with the Sikich Investment Banking team. Their guidance was essential throughout the entire process. Transitioning the leadership of Midwest Container to Hub Plastics gives me peace of mind that the legacy of my company and the employees are in good hands.”

Hub Plastics, which is headquartered in Ohio, manufactures custom bottles and jars made of HDPE, LDPE, PP, PET, Styrolux, and post-consumer resins using the technique of blow moulding.