By

Jim Rikkers
Minneapolis, MN, July 2021 – Spell Capital Partners is pleased to announce the acquisition of Duromer Products Pty and DuroColour Vietnam Ltd. The companies were purchased in tandem as Spell continues to grow their footprint in compounding and masterbatch facilities worldwide. In addition, this is the second portfolio platform that Spell owns in Australia, as they continue to...
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Minneapolis, MN – Spell Capital Partners announces the sale of Falls Fabricating, a contract manufacturer of metal fabrications and CNC machining services. Falls Fabricating is headquartered in Little Falls, MN. “We are pleased to announce the divestiture of Falls Fabricating. The company was founded over 45 years ago and Spell Capital purchased the business in 2007. We appreciate...
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Minneapolis, MN – Spell Capital Partners announced the sale of Jet Edge Water Systems, a Spell Capital Partners Fund V portfolio company. Jet Edge, headquartered in St. Michael, MN, manufactures ultra-high pressure waterjet cutting systems, related pumps, and spare parts for precision cutting, surface preparation, and coating removal. Spell Capital acquired the business in June of 2017.“Spell...
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Minneapolis, MN – Spell Capital Partners announced the sale of Vestal Manufacturing, a portfolio company of the Spell Family Office. Vestal is a leader in the manufacturing and distribution of foundry cast iron and steel fabricated components to municipalities, original equipment manufacturers and the home building and hearth industries. The Spell Family Office acquired Vestal as a new platform...
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Minneapolis, MN – Spell Capital Partners announced the sale of Polar Plastics. Polar Plastics, a Spell Capital Partners Fund V portfolio company and headquartered in St. Paul, Minnesota, manufactures plastic film and low density polyethylene packaging products used to make plastic films and bags for packaging, logistics, home improvement, retail and other applications.  Spell Capital acquired the business...
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Minneapolis, MN, January 2020 – Asian Pacific Colorants is Australia’s and New Zealand’s (ANZ) largest supplier of plastic masterbatch colorants. The company  provides businesses with the products that make everyday plastics colorful, food safe, UV resistant or fire retardant. Asian Pacific Colorants operates four plants located in Auckland, New Zealand, Brisbane, Australia and two in Melbourne, Australia....
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Minneapolis, MN, November 2018 – Spell Capital Partners, LLC is pleased to announce its investment in Polar Plastics. Polar Plastics is a manufacturer of plastic film and low density polyethylene packaging products used to make plastic films and bags for packaging, logisitics, home improvement, retail and other applications. Founded in 1967 and headquartered in St Paul, Minnesota, Polar has...
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Minneapolis, MN, November 2018 – Spell Capital Partners, LLC is pleased to announce its acquisition of Pearson’s Candy Company. Pearson’s is a Minnesota confections manufacturer and has been making candy since 1909. Pearson’s currently manufactures and markets iconic brands including the Salted Nut Roll®, Mint Patties, Bit-O-Honey®, Nut Goodies® and Bun Bars®. “We are very pleased with Spell’s purchase of...
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Minneapolis, MN, July 2018 – Spell Capital Partners, LLC announces an add-on acquisition of Genesis Plastics & Engineering (“Genesis”) by Fund V platform Viking Plastics. The Genesis acquisition represents the 2nd add-on acquisition by Viking in the last 18 months following the purchase of Kentucky Manufacturing Technology, LLC in April 2017. Genesis operates two plants in southern...
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Spell Capital Partners Fund Vportfolio company, Viking Plastics, is a leading manufacturer of custom injection molded products and assemblies for the automotive, HVAC and industrial markets. In November 2016, Spell Capital Partners Fund V, acquired a controlling interest in Viking Plastics and in April 2017 Viking Plastics closed it first add-on acquisition, Kentucky Molding & Technology....
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