Leonard Green's Tank buys Agri Plastics' material handling unit
Tank Holding Corp has acquired the material handling subsidiary of Agri Plastics Group of Companies, a Stoney Creek, Ontario-based rotational molder. AP Material Handling, established in 1995, makes a broad product line of bulk containers designed to transport and store a wide array of materials. Tank, a U.S. rotational molder, said the acquisition will add to its product lines and help expand sales channels into new and existing markets. Founded in 2008 via a merger of Snyder Industries Inc and Norwesco Inc, Tank is owned by U.S. private equity firm Leonard Green Partners.


