A consortium of investors has successfully acquired Viking Plastics, a Melbourne-based specialized plastic fabrication company, to leverage growth opportunities in the expanding Australian specialty plastics market.

Information on the Target

Viking Plastics, a company located in Melbourne, Australia, specializes in the fabrication of various plastics designed for diverse applications. The firm has established a reputation for quality and innovation in the specialized plastic industry. Recently, Viking Plastics announced its successful divestment to a consortium of investors dedicated to leveraging the business’s capabilities to meet evolving market demands.

This acquisition aligns with the investors’ strategy to enrich their portfolio and expand their footprint within the specialty plastic market, which is expected to show robust growth in the coming years.

Industry Overview in Australia

The specialty plastics industry in Australia plays a crucial role in the country's manufacturing sector, catering to an array of sectors including construction, automotive, and consumer good