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Insights > Shanghai headquartered Zhongli acquires Stern Rubber

Shanghai headquartered Zhongli acquires Stern Rubber

By Capital Markets

Stern Rubber Company

Generational Capital Markets, Inc., member FINRA/SIPC, ("GCM", part of the Generational Group) an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce the acquisition of its client, Stern Rubber Company (Stern), headquartered in Staples, Minnesota, by Zhongli North America, Inc. (Zhongli), headquartered in Shanghai, China. The acquisition closed on October 26, 2015.

Stern was founded in 1969 as a manufacturer of compression, injection and transfer molded products, as well as extruded rubber products.  Stern specializes in bonding rubber to plastic, metal, and other materials.  Industries served are extremely diverse and include: industrial plumbing, power sports, agricultural, and many others. 

Read the full press release on PR Newswire

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