US Plastic Manufacturer Buys Brazilian Peer

US Plastic Manufacturer Buys Brazilian Peer

Brazil M&A

US-based plastic film and aluminum extrusions manufacturer Tredegar has agreed to acquire Brazil-based Terphane Holdings from Brazilian private equity firm Vision Capital for $188m. The purchase of the specialty polyester films producer is set to be funded with cash on hand and financing from an existing $300m credit facility. Terphane booked $160m in revenue during the last 12 months and will allow Tredegar to expand in the Latin American market and extend its product offerings into new special

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