Innoplast Holdings Acquires Shur-Tite Products

Innoplast Holdings, a portfolio company of Charter Growth Capital Fund, announced the closing of its acquisition of Shur-Tite Products, a leading provider of highway safety products used across the United States and globally.Innoplast is a manufacturer and value-added distributor of pedestrian and traffic safety solutions.Shur-Tite specializes in designing, manufacturing, and distributing highway safety, pedestrian safety, and traffic safety products. Shur-Tite has a rich history of partnering with all constituents involved in state and municipal roadway safety, delivering best-in-class products and customer service."Innoplast and ScaleCo couldn't be happier with the addition of the Shur-Tite product line and team," CEO of Innoplast Gary Bowling states. "This partnership diversifies our product offerings from parking lot assets to the DOT space, increasingly growing our focus and expanding our reach in the conspicuity and traffic safety sectors."Darrell Heald, President of Shur-Tite Products, states, "We believe both Innoplast's culture, based on Midwest values, aligns perfectly with our Texas style of doing business with service and integrity. Under Innoplast's stewardship, Shur-Tite Products is poised for accelerated growth, expanded opportunities, and continuing its legacy of excellence in the traffic safety sector."Shur-Tite will continue operating under the name Shur-Tite Products.Learn more here.