Private equity firm Highview Capital’s first portfolio company, American Plastics, has acquired two Ohio-based manufacturing companies, the company announced on April 18. Terms of the deal were undisclosed.
St. Louis, Mo.-based American Plastics, makers of consumer storage and cleaning products, acquired Centrex Plastics and Creative Plastics Concepts. The former is a plastic injection-molding company and the latter makes plastic totes, containers and shelving.
American Plastics will now operate 15 facilities nationwide, including five manufacturing plants and 10 distribution centers, the company said.
Highview was founded in 2016 and is based in Brentwood.
Manufacturing and trade reporter Shwanika Narayan can be reached at firstname.lastname@example.org or 323-556-8351. Follow her on Twitter @shwanika.