PDM Molding, Inc. and PDM Molding NW, Inc., manufacturers of rotational molded plastics, have been acquired by Low & Bonar plc. PDM Molding, based in Littleton, Colorado, is a manufacturer of a wide range of rotational molded custom plastic products for the toy, industrial tank, automotive, aerospace, liquid waste and recreational goods markets. PDM Molding NW, located in Vancouver, Washington, produces custom rotational molded plastics for the point-of-purchase, indoor recreation and sporting goods sectors. The acquisition of the combined companies will make Low & Bonar the second largest custom rotomolder in North America.
Headquartered in Dundee, Scotland, Low & Bonar (London:LWB) is a publicly traded global leader in the manufacturer of plastics and specialty materials.
Terms of the transaction were not disclosed. Philpott Ball & Werner served as advisor to Low & Bonar.