Globeius Acquires Plastixs
The Miami-based firm representing an array of plastics processing-related technologies has acquired the Massachusetts-headquartered supplier of manifolds, hoses, leak monitors, flow meters and more.
Globeius (Miami, Florida) has acquired Plastixs LLC (Shrewsbury, Massachusetts), adding the distributor of manifolds, hoses, leak monitors, flow meters and related products. Mickey Blyskal, former owner of Plastixs, will stay on as general manager of the new entity, as will all current Plastixs employees, as they will continue to manage day-to-day operations.
Ernie Sosa, Globeius’ president, says the acquisition will expand his company’s product offerings and strengthen its position in the industry. Blyskal, who founded Plastixs 25 years ago, noted that both companies have unique strengths and product lines, serving a broad customer base across the U.S., Canada, Mexico, and Central and South America.
Mickey Blyskal. Source: Globeius
Globeius has focused on the import-export of products, giving Plastixs an opportunity to offer its products outside of the U.S. market, particularly in Latin America, a region where Plastixs has not traditionally been active but from where Globeius has grown.
A news release noted that Globeius and Plastixs will sell some common products, but that both companies have special lines they can cross-sell. On the Globeius side, these include GT Cranes, mold racks and Crizaf Conveyors. From the Plastixs side, important products include specialized manifold assemblies, hoses, hose assemblies and fittings for handling high-temperature water and oil, as well as the patented LinkedXValve water manifold accessory and high-performance material handling hoses.
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