Texas-based Dallas Plastics, a manufacturer of blown polyethylene film with printing, embossing, and other capabilities for the medical, food, and industrial end markets, recently bought Hi-De Liners, Inc.
Terms of the transaction were not disclosed.
Headquartered in Orange, Massachusetts, Hi-De Liners manufactures high-density and linear low-density polyethylene bags and film using FDA-approved virgin resin. The products are used in a variety of industries and that include janitorial supply, hospitality, seafood, bakery, medical, and manufacturing businesses, the company says in a media release.
Headquartered in Mesquite, Texas, Dallas Plastics is a portfolio company of Sole Source Capital LLC, an industrial-focused private-equity firm.
The deal is the 18th since Sole Source was founded in 2016, the company says. It is headquartered in Dallas, Texas, with offices in Santa Monica, California.