Plazit Polygal Group
Rigid Thermoplastic for Industrial and Domestic Use
Company Overview
Snapshot
Founded in April 1973, Plazit Polygal Group operates with 51–200 employees. The company was acquired by Plaskolite in October 2021, marking a significant exit in the industrial technologies sector.
Business overview
Plazit Polygal Group designs, develops, and manufactures thermoplastic sheets and profiles for various industrial and domestic applications. Their products, known for durability, strength, and light transmission, serve markets including construction for walkways, canopies, skylights, and roof systems, as well as agriculture for commercial and residential greenhouses. The company also caters to interior design, P-O-P displays, signage, and window glazing, operating within the Industrial Technologies sector with a focus on material innovations and nanotechnology.
Strategic signal
In October 2021, Plazit Polygal Group was acquired by Plaskolite for $210 million. This acquisition highlights the strategic value of specialized thermoplastic manufacturers within the industrial technologies sector and signals a consolidation trend among key players seeking to expand their product portfolios and market reach.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for Plazit Polygal Group?
- Plazit Polygal Group was acquired by Plaskolite in October 2021 for $210 million, transitioning the company to an inactive status under new ownership.
- When was Plazit Polygal Group founded?
- Plazit Polygal Group was founded in April 1973.
- What products does Plazit Polygal Group offer?
- Plazit Polygal Group offers a range of products including CURROGAL, PLAZGAL, SELECTOGAL, TITAN SKY, PLAZCRYL, POLYGAL, MONOGAL / PLAZCARB, THERMOGAL, and TOPGAL, which are thermoplastic sheets and profiles.
- Which markets does Plazit Polygal Group serve?
- Plazit Polygal Group serves geomarkets including the United States, Chile, Bulgaria, Israel, Mexico, Spain, and Canada.
- What was a key development for the company's operations in Bulgaria?
- In February 2015, Plazit Polygal Group was considering a 15 million euro upgrade for its Bulgarian plant.