Bloomer Plastics Announces the Acquisition of Optimum Plastics

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Bloomer, Wisconsin, Oct. 20, 2014 – Bloomer Plastics, Inc., a leading producer of custom engineered cast embossed films for the industrial, medical and packaging markets, today announced the acquisition of Delaware, Ohio-based Optimum Plastics, a technology leader and pioneer in high barrier coextruded blown films.

“We’re proud to welcome Optimum into the Bloomer Plastics family. Bob Clemons and his team have assembled the finest set of multi-layer high barrier film assets in the stand alone film market, ” said Kevin Keneally, President and CEO of Bloomer Plastics. “Their leadership position in custom engineered nine-layer nylon coextrusions is unmatched. We look forward to continuing their investment in state of the art technologies for our mutual valued customers.

The combination of engineered blown film to Bloomer’s existing portfolio of custom designed cast film is directly aligned with its fundamental strategic initiatives and is core to the company’s growth plans. This is a significant move for Bloomer as this transaction will nearly double the revenue and employee base.

“We’re pleased to join forces with the Bloomer Plastics team. After 20 years of successful business operations, we are convinced that a merger with Bloomer will carry new opportunities for our employees, customers and partners,” said Robert Clemons, President and CEO of Optimum. “The team at Bloomer holds the right resources and talents to bring our business to the next level of performance.”

About Bloomer Plastics:
Based in north central Wisconsin, Bloomer Plastics is a leading domestic and international engineered films producer for high performance industrial, medical, automotive and consumer market segments. The company excels in the design of value-added cast embossed film structures and laminations for the most demanding applications. Certified to ISO 9001:2008 standards, Bloomer Plastics is focused on offering exceptional speed to market for new product development and excels in delivering quality, service and technology to its valued customer base. The company is privately owned by management and Huron Capital Partners.

Jerry Kolanczyk, Vice President of Sales, Bloomer Plastics 800-638-0479

Kevin Fee, Vice President of Sales, Optimum Plastics (740) 369-2770