Atlantis Plastics Auction
Published October 9th, 2008
Atlantis Plastics, Inc. (the “Company”) is pleased to announce that on Monday, October 6, 2008, the United States Bankruptcy Court for the Northern District of Georgia entered an order approving the previously announced acquisition of substantially all of the assets of the Company’s Plastic Films division to AEP Industries Inc., and of its Molded Products division to Custom Plastic Solutions, LLC, an affiliate of Monomoy Capital Partners, L.P. Monomoy Capital Partners was the successful bidder for the Molded Products in a court-sanctioned auction held on October 2, 2008. As no “Qualified Bids” were received for the Films division, no auction occurred for that business. The Company anticipates that both sales will close by the end of October.
Web site: http://www.atlantisplastics.com
Related Articles Plastics manufacturing equipment auctionStopolAuctions Holds Auction of Atek Michigan PlantStopol Auctions to Host Auction of Moll Industries New Braunfels, Texas, PlantStopol Auctions to Host Auction of Clarion Technologies Caledonia, Mich., PlantPlastics manufacturing equipment auction Oct 8
