January 18, 2022
Global – Plasman announces our recent acquisition of Dura Automotive – Exterior Trim Division (“Dura”), a tier-one automotive designing and manufacturing company with locations in Lawrenceburg, Tennessee, Queretaro, Mexico, Carregado, Portugal and Strakonice, Czech Republic. The adopted facilities were previously operating under the advanced exterior trim division of Dura Automotive, a company that is owned by MiddleGround Capital which also owns Plasman.
This is the fifth acquisition by Plasman since 2015 and expands our global operations to 21 manufacturing sites worldwide. “Adding these four additional exterior trim manufacturing locations to our impressive list of capabilities is a testament to the outstanding team we have assembled, and the rapid scale of our business,” explained Dave Wiskel, Plasman President and CEO.
These new sites will expand Plasman’s product line to include window assemblies and regulators, door frames, and roof rail systems. It will also add Ford, Merecedes Benz and Audi to Plasman’s customer list with upcoming product launches in 2022 and 2023. We are extremely excited about the potential this unlocks for Plasman in the years to come. Each plant specializes in exterior trim application that aligns with our current capabilities, experience, and expertise.