P&M Corporate Finance (PMCF) is pleased to announce the sale of privately held Plas-Pak Industries Inc. to Nordson Corporation (nordson.com/en). Plas-Pak, based in Norwich, Connecticut, is a designer and manufacturer of injection molded, single-use plastic dispensing and packaging products including two-component (2K) cartridges for industrial and commercial do-it-yourself (DIY) adhesives, Dial-a-Dose calibrated syringes for veterinary and animal health applications, and specialty syringes for pesticide, dental and other markets.
Plas-Pak was founded in 1985 and majority owned by Charles M. Frey (“Charlie”), who has been active in the business since inception. Charlie, along with a group of talented employees, has grown the business significantly over the years through a focus on innovation, quality, customer service, and lean manufacturing. He and the Plas-Pak team have developed a large number of proprietary products, some of which have been revolutionary to the industry and received patents. Plas-Pak currently employs approximately 150 people and operates a 160,000 square foot, ISO 9001:2008 facility with significant capacity to accommodate future growth.