MNC was engaged by Kafrit Industries Ltd. (“Kafrit Group”), a publicly traded company listed on the Tel Aviv Stock Exchange (TLV: KAFR), to help them expand their international presence. Kafrit is a global supplier of plastic additive masterbatches and compounds. They specialize in PC sheets, films and
agricultural films and flame-retardant applications.
On November 14th, 2018, Kafrit acquired Polyfil Corp., located in Rockaway, NJ, USA. Polyfil is one of the largest independent producers of functional additive masterbatches for polyolefins, with a specialty in film extrusion. In addition to their new operation in the USA, Kafrit is also present in Canada, Europe and China.
With the acquisition of Polyfil, Kafrit has significantly expanded their footprint as a global leader in the masterbatch arena. The transaction creates significant opportunities between Kafrit and Polyfil, as the companies intend to share knowledge, technologies, and products. The combined companies enjoy strategic advantages which will allow them to create a robust and technical portfolio that will substantially increase their operating strengths.
About MNC
MNC Capital Inc. is a leading investment bank focusing on mergers and acquisitions, with over thirty-five years of experience. We work by industry, not by geography, with clients throughout the world. MNC works with a wide range of organizations, from private companies to public corporations, including Fortune 500 companies.