Strategic Acquisitions & Transactions

Material Handling Lawn & Garden Engineered Products Distribution
Through internal growth, complementary acquisitions, divestitures and restructurings, Myers Industries has become a stronger company in higher-growth, niche markets. The Company has completed more than 15 acquisitions and three divestitures since 1987, allowing us to:
  • Expand key product lines and strengthen innovation
  • Add new manufacturing processes and technologies
  • Gain strategic customers in growing markets
  • Strengthen our brand and market leadership positions
Acquisitions are logical extensions of our original plastic, rubber and distribution capabilities. Each opportunity is carefully reviewed and must demonstrate its ability to increase our innovation, advance our market positions and strengthen our value – for all stakeholders.


Strategic Acquisitions & Transactions Summary

Company Year Action Growth Opportunity
Buckhorn / Buckhorn Rubber 1987 Acquisition Expand plastic and rubber business with reusable plastic containers and rubber OEM parts
Ameri-Kart 1995 Acquisition Add roto-molding, material handling and storage products
Molded Solutions 1997 Acquisition Combine with Buckhorn Rubber to expand OEM products and markets
Raaco International 1998 Acquisition Enter European markets for plastic storage containers
Sherwood Plastics 1998 Acquisition Combine with Ameri-Kart; Expand roto-molding and add new markets
Kadon 1998 Acquisition Strengthen Buckhorn's capabilities to produce custom plastic material handling and related products; integrated into the Buckhorn brand
Allibert Equipement 1999 Acquisition Establish international leadership with reusable plastic containers and pallets; Cross-sell with Buckhorn to meet customers' needs on a global scale. Re-named Allibert-Buckhorn in 2003 to cross-brand with Buckhorn in North America
Dillen Products 1999 Acquisition Gain leading position in plastic pots, trays and baskets for the professional nursery and greenhouse industries
Listo Products 1999 Acquisition Expand indoor / outdoor decorative planter selection for retailers and consumers
RB Manufacturing 2000 Acquisition Add to Akro-Mils; Expand material handling cart line for industrial and commercial markets
Best Plastics 2000 Acquisition Combine with Ameri-Kart; Strengthen roto-molding and vacuum forming capabilities; Expand business in plastic tanks and specialty OEM parts for industrial markets
Michigan Rubber Products & WEK Industries 2004 Acquisition Expand offering of engineered rubber and plastic components and finished assemblies to the automotive OEM market and Tier 1 suppliers
Productivity California 2004 Acquisition Expand leading position in nursery containers for the professional grower; gain industry-exclusive picturePot® printing and container forming technology
ITML 2007 Acquisition Strategic expansion of the company's Lawn and Garden Segment with a strong brand, broad product selection and key North American sales and manufacturing geographies
Allibert-Buckhorn & Raaco 2007 Divestiture Sale of the Material Handling Segment European operations to re-invest in the core brands in the U.S.
Schoeller Arca Systems North America 2007 Acquisition Asset purchase of molds and equipment for intermediate bulk container (IBC) product lines; added to the Buckhorn brand
Buckhorn Rubber Products & Michigan Rubber Products 2009 Divestiture Sale of rubber OEM products business; realignment of the Engineered Products Segment (formerly Auto & Custom) to include WEK, Patch Rubber and Ameri-Kart
AmeriKan 2009 Acquisition Acquired remaining 50% of joint venture in nursery container business in southern U.S. (originally acquired with ITML in 2007)
Enviro-Fill, Inc. 2010 Acquisition Ameri-Kart acquired technology assets for the new Enviro-Fill fuel overfill prevention system (OPS) and fuel vapor capture system that will help boat manufacturers to meet refueling and emission requirements of the EPA