Nero Plastics

Situation

Nero Plastics, Inc. is a composite molder of plastics for use in automotive exterior parts, watercraft hulls and decks, and airplane exteriors and interiors. The company also provides product design, prototyping, and manufacturing solutions to customers in industries such as heavy equipment, heavy truck, mass transit, medical, and sporting goods.

Solution

Amherst was engaged by Nero Plastics to act as its exclusive financial advisor in the sale of the company.

Results

A broad range of strategic and financial buyer prospects were approached, and the Company was ultimately sold to Wausaukee Composites, Inc., a subsidiary of India-based Sintex Industries, Ltd.