Myers Industries acquires Trilogy Plastics for ~$35M revenue bolt-on; accretive in 2021

MYERS INDUSTRIES INC

Acquired certain assets of custom rotational molder Trilogy Plastics; funded via revolving credit facility.
Trilogy has ~$35M annual revenue, 265 employees, two Ohio facilities; expected slightly accretive to 2021 EPS.
Deal part of 'One Myers' strategy Horizon 1; cost synergies targeted at ~3% of sales from supply chain.
Combination with Ameri-Kart and Elkhart creates one of largest U.S. rotational molders.

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