Calder Capital is elated to announce the acquisition of Jer-Den Plastics of St. Louis, MI to Jasper Holdings, Inc., a 100% associate owned ESOP.
Founded in 1995, Jer-Den Plastics is the market-leading custom rotational molder in Michigan, and one of the largest in the Great Lakes Region. The Company produces products such as pool slides, construction bollards, and sign bases for a multitude of industries such as construction, leisure, agriculture, commercial, toys, recreational vehicles, and material handling.
Jeff Stahl, the owner of Jer-Den Plastics, saw an advantageous opportunity to pursue a sale of the Company. He engaged Calder Capital to assist in the sale of Jer-Den Plastics.
Jer-Den Plastics was acquired by Jasper Holdings, the parent company of Jasper Engines and Transmissions, Jasper Electric Motors, Jasper Innovative Solutions, Jasper-Ecotech, D&W Diesel, Diesel USA Group, and Weller Truck Parts.
Matt Uhl, Mergers and Acquisitions Advisor at Calder Capital, was the lead advisor on the transaction. He worked diligently to find the best-suited buyer for Jer-Den Plastics.
“It was a pleasure working with Jeff Stahl. Jasper Holdings owns some of the most well-renowned companies in the Midwest. I’m happy to have assisted Jer-Den Plastics in joining Jasper Holding’s impressive list of reputable brands,” stated Matt Uhl.
Calder Capital, LLC served as the exclusive Mergers and Acquisitions Advisor to Jer-Den Plastics. The terms of the transaction were not disclosed.