Salt Creek Capital acquired MK Plastics, a manufacturer of corrosion-resistant industrial and commercial ventilation equipment. Founded in 1963 and headquartered in Montreal, MK Plastics manufactures fiberglass-reinforced polymer fans, blowers, dampers, louvers, and related ventilation products.
The company’s equipment is designed for demanding environments where corrosion resistance and operational reliability are particularly important.
MK Plastics serves laboratories, research and healthcare facilities, water and wastewater treatment plants, industrial manufacturing operations, and other commercial and industrial customers.
Its products are sold throughout the U.S., Canada, and international markets through specialized HVAC sales representatives.
Dilip Amarlal will become CEO of MK Plastics.
Existing executive Jeff Kupferberg will remain involved with the company and join its newly created Board of Directors.
Salt Creek plans to support investments in MK Plastics’ commercial capabilities, operations, product innovation, and continued expansion.
Salt Creek Capital partners with operating executives to acquire profitable lower middle-market companies generally generating between $5 million and $150 million in revenue.
KEY QUOTES:
“Jeff and the Kupferberg family meticulously built this business over six decades and through many market cycles, and its legacy rests on a committed and talented team, differentiated products and deep relationships with the reps and customers who trust us in their most demanding environments.”
Dilip Amarlal, Incoming CEO of MK Plastics
“Dilip’s deep experience leading industrial HVAC businesses, combined with MK Plastics’ differentiated FRP ventilation solutions for highly corrosive environments, creates a strong platform for continued innovation and expansion in an attractive market.”
Gary Kurnov, Managing Director at Salt Creek Capital
