What was a significant corporate event for Plazit Polygal Group?

Plazit Polygal Group was acquired by Plaskolite in October 2021 for $210 million, leading to its current inactive status.

When did Plazit and Polygal merge their operations?

Plazit and Polygal merged their operations in 2011, combining their expertise in thermoplastic sheets and profiles.

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.

In which geographic markets does Plazit Polygal Group operate?

Plazit Polygal Group operates in geomarkets including the United States, Chile, Bulgaria, Israel, Mexico, and Canada.

What was a notable investment in Plazit Polygal Group?

In December 2006, Plazit Polygal Group received an investment from Tene Investment Funds.

Plazit Polygal Group

Rigid Thermoplastic for Industrial and Domestic Use

Industrial Technologies

Acquired (Inactive) by Plaskolite on Oct 2021 - closed due to acquisition

Company Overview

Snapshot

Founded in April 1973, Plazit Polygal Group operates with 51–200 employees. The company was acquired by Plaskolite in October 2021.

Business overview

Plazit Polygal Group designs, develops, and manufactures thermoplastic sheets and profiles, offering products known for durability, strength, light transmission, and ease of installation. These products serve various applications including walkways, canopies, pool coverings, skylights, roof systems, greenhouses, interior design, and signage. The company primarily operates within the Industrial Technologies sector, with a focus on Material Innovations & Applications, particularly Nanomaterials, serving the Real Estate & Construction and Agriculture & Food industries.

Strategic signal

The acquisition of Plazit Polygal Group by Plaskolite in October 2021 for $210 million signals a significant consolidation within the thermoplastic manufacturing industry. This event indicates a strategic move by Plaskolite to expand its market presence and product portfolio, leveraging Plazit Polygal's established expertise in rigid thermoplastic solutions. For investors, this acquisition highlights the value placed on specialized material innovation and market leadership in industrial applications.

Company Intelligence Q&A

What was a significant corporate event for Plazit Polygal Group?: Plazit Polygal Group was acquired by Plaskolite in October 2021 for $210 million, leading to its current inactive status.
When did Plazit and Polygal merge their operations?: Plazit and Polygal merged their operations in 2011, combining their expertise in thermoplastic sheets and profiles.
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.
In which geographic markets does Plazit Polygal Group operate?: Plazit Polygal Group operates in geomarkets including the United States, Chile, Bulgaria, Israel, Mexico, and Canada.
What was a notable investment in Plazit Polygal Group?: In December 2006, Plazit Polygal Group received an investment from Tene Investment Funds.

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Name	Plazit Polygal Group
One-liner	Rigid Thermoplastic for Industrial and Domestic Use
Type	Startup
Primary sector	Industrial Technologies
Founded	1973
Employees	51-200
Employees (exact)	57
HQ / location	Gazit, Kibbutz Gazit, Israel, North District
Product stage	Released
LinkedIn	https://www.linkedin.com/company/35718405
Crunchbase	plazit-polygal
IL Registrar	550002133

Sectors	Industrial Technologies, Material Innovations & Applications
Core technology	Materials & Substances, Nanomaterials
Target customers	Real Estate & Construction, Architecture & Interior Design, Construction, Agriculture & Food, Crops
Business models	B2B
Tags	plastics, greenhouses, agriculture, construction, nanotechnology

Name	Role	Founder
Ilan Gizbar	CFO
Jacob Tofach	VP BD
Jasmine Rosen-Kligvasser	Head of R&D
David Pampanel	Sales & Marketing Manager