Intek Plastics has been acquired by Vermilion Group

Client – Intek Plastics

Intek Plastics

Manufacturer and supplier of plastic components to the fenestration (window and door) market and has strong partnerships with the top window and door manufacturers in the USA and elsewhere. Intek is recognized as a leader in the LED lighting market with extruded lenses and reflectors, and it supports the fast-growing controlled environment agriculture space among other markets.

Counterparty – Vermilion Group

Vermilion

Seeks to acquire, operate and grow a diverse portfolio of high performing, impact-oriented businesses on behalf of the Mortenson family.

Northborne’s expertise representing manufacturing businesses was invaluable as Intek explored strategic options and ultimately identified the right partner in Vermilion Group. My team and I look forward to continuing to grow the business in this next phase of its ownership.
Jill Hesselroth CEO of Intek

Deal Highlights

Industry
Industrials & Infrastructure
Client Type
Closely-Held
Counterparty Type
Financial
Headquarters
Hastings, MN

Deal Team

Managing Director

Eric Nicholson

Managing Director

Paul Jevnick