Plaskolite Announces Investment by Charlesbank Capital Partners

COLUMBUS, Ohio (October 7, 2015) Plaskolite announced today that Charlesbank Capital Partners is investing in the company.  Plaskolite has been owned by the Donald Dunn family since its founding in 1950.  The transaction introduces the first outside equity for the company, with the management team making a notable co-investment and the Dunn family maintaining an ownership position.

“In order to meet the rising demands of the market, we are confident that this transaction positions Plaskolite for the future,” said Jim Dunn, Chairman of Plaskolite. “Charlesbank’s experienced team coupled with our existing management team will provide the expertise and capital to help with further growth.  Plaskolite and the Dunn family will remain committed and active in the Central Ohio community, as well as the other communities where we are located.”

ABOUT PLASKOLITE
Founded in 1950 in Columbus, Ohio, USA by the Dunn Family, Plaskolite, Inc. is the largest privately owned U.S. manufacturer of continuously processed acrylic sheet products.  Plaskolite  operates manufacturing facilities in Columbus and Zanesville, Ohio, Grand Saline, Texas; Compton, California; Olive Branch, Mississippi; Monterrey, Mexico and Malatya, Turkey.