The acquisition of Five Points will allow Revolution to expand its national footprint, in addition to broadening its sustainable-loop manufacturing capabilities and environmentally friendly product offering
Revolution has acquired US-based Five Points Films. (Credit: bertholdbrodersen from Pixabay)
Sustainable plastic solutions provider Revolution has acquired US-based Five Points Films for an undisclosed sum.
Based in Shelbyville, Tennessee, Five Points is engaged in the manufacturing of cast hand and machine stretch film for commercial customers.
The company’s machine film portfolio consists of Impact Pro, Impact Ultra and Impact Elite.
Its hand machine film portfolio includes Armor Wrap, Titan Wrap and Fierce Wrap. In addition, the firm also produces speciality films.
Five Points president Gregg Smith said: “By joining Revolution, we are confident that the success we have built will only continue thanks to our shared values of innovation and a commitment to taking care of the customer. We look forward to seeing what the future brings for stretch film.”
The acquisition of the regional manufacturer will allow Revolution to expand its national footprint, in addition to broadening its sustainable-loop manufacturing capabilities and environmentally-friendly product offering.
Recently, Five Points has wrapped its multi-million dollar investment in new production equipment, which is expected to increase the firm’s operational capacity by 35% by the end of this year.
Revolution CEO Sean Whiteley said: “Five Points is a truly impressive business grounded in a strong company culture and commitment to serving its customers.
“The success and growth that the company has demonstrated in the short time since its founding is a testament to its best-in-class operation, and we are very excited to welcome the Five Points team to the Revolution family.”
Revolution stated that it diverts more than 150 million pounds of plastic waste from landfills every year via its circular approach to recycling and manufacturing.
The company processes plastic waste into recycled resin, which can be used to produce sustainable products such as trash can liners, carryout bags and construction films.
With the Five Points acquisition, Revolution also aims to apply its circular approach and recycled content capabilities to the stretch film market.
In February this year, Revolution acquired US-based Jadcore, which recaptures and recycles post-industrial plastic waste and provides it to other manufacturers as an economical alternative to virgin materials.