Morris-AnderSon.com
About Morris-AnderSon.com
Victor Plastics avoids liquidation and sells for 5.5 times projected EBITDA Victor Plastics, a custom plastics injection molder, was a thriving $100 million business, with 40% of their sales represented by Maytag. After Whirlpool acquired Maytag, Victor exited the Whirlpool business and subsequently became a $60 million company losing $3 million per year. MorrisAnderson believed in the long-term viability of Victor even though the lenders preferred a liquidation.
