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Jon Carlson, president of Orchard Creek Capital.
Michigan-based investment firms Auxo Investment Partners and Orchard Creek Capital LLC completed a total of five plastics M&A deals in the second half of 2020.
Auxo of Grand Rapids purchased Fort Wayne, Ind.-based Paramount Tube Engineered Solutions, Cleveland-based Euclid Medical and GC Dies LLC of Elmhurst, Ill.
Paramount Tube and Euclid Medical both operate under the brand Precision Products Group Inc. PPG CEO Dave Hooe will continue in that role.
Paramount Tube makes small-diameter, spiral-wound and extruded tubular products for electric motors and other uses. Euclid Medical designs, engineers and manufactures automated single- and multi-dose pharmaceutical packing systems.