Dallas Plastics, a manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets and portfolio company of Sole Source Capital LLC, an industrial-focused private equity firm, has acquired Hi-De Liners Inc.
Headquartered in Orange, MA, Hi-De Liners is a manufacturer of blown high-density polyethylene and linear low-density polyethylene film, selling primarily to the industrial and converter end markets. Through this transaction, Dallas Plastics will add a fourth manufacturing facility to its US operations.
“We’re excited to welcome Hi-De Liners to Dallas Plastics. Its focus on HDPE products are a great addition to our growing company. We look forward to continuing to provide Hi-De Liners’ customers with the excellent customer service they’ve come to expect from Bill Horne and his team over the past 13 years,” said Kevin Pierce, CEO of Dallas Plastics.
“Hi-De Liners has a proven commitment to providing customized solutions to its customers and will be a great fit with the Dallas Plastic’s team. This is Sole Source’s 18th transaction, and another example of being the preferred partner for private and founder-owned companies,” said Scott Sussman, partner of M&A at Sole Source Capital.