onwed Plastics Netting continues to successfully operate within its vision of expanding plastic netting-based solutions and innovative manufacturing capabilities for customers around the world. We have been able to accelerate that growth by strategically investing our financial resources behind existing management organizations. Our approach is long-term, with an emphasis on executing on strategic growth plans. Since 2005, Conwed’s expansion has been fueled by nine acquisitions in three countries.
Conwed Plastics, LLC, is a wholly owned subsidiary of Leucadia National Corporation, a diversified holding company listed on the NYSE (Ticker: LUK). Leucadia is currently engaged in a variety of businesses, including manufacturing, telecommunications, real estate activities and winery operations.
Market Focus: Manufactured or converted plastics and/or composites, primarily focusing on OEM or business-to-business applications in packaging, filtration, soil solutions, building and construction and agriculture.
Add-on Acquisition Potential:
Ability to grow acquired business with add-on acquisitions.
Geographic Location: North America, Europe, Asia and/or Latin America acceptable. Conwed is headquartered in the United States and operates globally.
Business Structure: Two types of businesses have been acquired by Conwed:
Stand-alone businesses which continue to operate under the leadership of the existing management team
Smaller businesses, product lines, or divested business segments or assets merged with existing Conwed operations
Partnership with Management: Leucadia, of which Conwed is a wholly owned subsidiary, has an operating model which allows its companies to operate independently and autonomously, with little or no debt.
Revenues:
Up to $20 million in annual revenue
Transaction Size: Up to $15 million enterprise value
Ownership: Majority ownership
Cash flow Characteristics: EBITDA greater than $2 million
Acquisition Strategy
Owners or company representatives interested in a completely confidential and exploratory initial discussion regarding opportunities that may fit the business objectives of both sides are encouraged to contact Chris Hatzenbuhler, President & CEO, by
e-mail
or by phone at 612-623-2511.
onwed Plastics Netting continues to successfully operate within its vision of expanding plastic netting-based solutions and innovative manufacturing capabilities for customers around the world. We have been able to accelerate that growth by strategically investing our financial resources behind existing management organizations. Our approach is long-term, with an emphasis on executing on strategic growth plans. Since 2005, Conwed’s expansion has been fueled by nine acquisitions in three countries.
