M. Holland Company to acquire Able International and Tril Export

By Jenny Eagle

- Last updated on GMT

Picture credit: iStock
Picture credit: iStock

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M. Holland Company, a distributor of thermoplastic resins, will acquire Able International Corp. and Tril Export Corp., both headquartered in San Juan, Puerto Rico, with the transactions expected to close in April.

Able International is a resin distributor in Puerto Rico, and Tril International is a resin distributor in the Caribbean.

The two businesses sell about 50-million pounds a year of thermoplastic resins to more than 100 customers through distribution and agency relationships with global resin producers. 

"Able and Tril dovetail perfectly with our international expansion strategy, to support our strategic supply partners who need a strong and stable channel to Latin American markets​," said Edward J. Holland, president/CEO, M. Holland. 

"Tril's export reach is complementary to the export reach of our Mexican business unit, giving us penetration in most of the growing markets in Latin America​."

Tracy Coifman, president, Able and Tril, will continue to run the business. He will report to Steve Armstrong, M. Holland's director of International Export and Trading. 

"We've been courted by other companies in the past, but it was the cultural fit and the strategic focus that excited us about joining M. Holland. We've both grown as family-owned businesses​," said Coifman.

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