Createc, a leader in the beaded foam industry for over 35 years, provides protective packaging, automotive component and specialty foam products. The Company distinguishes itself in the marketplace through the value-add relationships established with its customers.
Createc is a second generation family owned business located in Indianapolis, Indiana. The Company has three manufacturing plants in the U.S. and one plant in Mexico located near areas of customer concentration.
With the acquisition, Tegrant is well positioned to create value for the Company's customers. Tegrant Corporation is a premier manufacturer of highly engineered packaging solutions and energy efficient components. Composed of three strategic business units,
Tegrant operates more than 30 manufacturing, design and testing facilities throughout North America. Createc will be operated as part of Protexic Brands business unit and will strengthen its position as a clear leader in the engineered foam solutions industry.
During the end of 2008 and most of 2009 the merger and acquisition market was depressed both in terms of number of companies looking to buy and multiples being paid. However, since the beginning of 2010, Periculum has noticed a dramatic improvement in activity
and valuations. Based on the improvement in the merger and acquisition markets, Periculum is highly focused on merger and acquisitions in 2011. In addition, Periculum continues to be very active in its debt and equity placements practices and its merchant
banking practice.