Massey Capital Acquires Signature Plastics Ltd.
Concord, ON (April 1, 2021) – We are pleased to announce that Massey Capital, in partnership with Farhan Mohamed, have acquired Signature Plastics Ltd.
Farhan Mohamed will stay on as General Manager, and Scott Newhouse, a Partner in Massey Capital, will join the Signature team as its President. All employees will remain in their current roles.
Massey Capital is a Toronto based firm with extensive experience in purchasing and operating small to mid-sized businesses in Canada. Established in 1995, Signature Plastics is recognized as an industry leading high quality plastic manufacturer servicing the window and refrigeration sector in Ontario.
Roman Kocur, Managing Partner of Massey Capital said that “we have made an excellent long-term investment with a company that has great employees, excellent product lines, and loyal customers”. Mr. Kocur said, “we look forward to working with the Signature team, under Farhan’s continued leadership, to grow the business for the long run”.
Mohamed, together with his son Farhan, have built Signature into the great business it is today. Mohamed said, “Massey Capital shares the values upon which Signature was founded more than 26 years ago: The values of producing quality products, innovation and outstanding customer service. We are confident that Farhan, Scott and our great team will continue to operate our business in a way that continues the great legacy that has been created”.
About Signature Plastics
Established in 1995, Signature Plastics has become one of the leading plastic manufacturers that serves the construction, refrigeration, point of purchase, furniture and other industries in the North American market.
About Massey Capital
Massey Capital is a Toronto based family office that invests for the long term in leading mid-market companies in Canada. Massey Capitals mission is to work with management teams to help businesses achieve their full potential. Massey Capital currently has investments in leading distribution, manufacturing and business services companies.