Revere Plastics Systems has acquired certain assets from Sur-Flo Plastics & Engineering, Angle Advisors announced.
Fraser, Michigan-based Sur-Flo is a manufacturer of highly engineered plastic components and assemblies for interior, exterior and functional applications. Serving its OEM and Tier I customer base, the company’s products include fascia bracket systems; radiator and front grille support systems; ornamental exterior appliques; underbody splash and aero shields; and MIC interior components.
From its 120,000-square-foot facility, Sur-Flo maintains 35 injection-molding presses ranging from 45 tons to 3,300 tons, as well as other equipment enabling a variety of value-added secondary operations such as post-mold assembly and vibration welding.
“This acquisition supports Revere’s vision for growth while investing in the community, securing jobs and building on Revere and the Fraser operation’s initiatives,” said Glen Fish, CEO of Revere Plastics Systems. “We are excited to integrate our complementary capabilities and invest in the Fraser operation including adding additional engineering support. The transaction reinforces Revere as a leader in the plastic injection-molding industry by adding to its capabilities while remaining dedicated to delivering highly engineered, complex parts. Revere plans to continue executing its growth strategy through future acquisitions.”
Revere Plastics Systems has more than 50 years of experience in plastics and manufacturing. The company was founded to better serve customers worldwide while applying its engineering core to improve its customers’ competitive global position. Revere has manufacturing capabilities that include value-added plastic injection molding, welding, assembly and testing. The company employs more than 1,000 people in its manufacturing, technical and sales facilities.
Angle Advisors acted as the exclusive investment-banking advisor to Sur-Flo in completing the transaction.
