Is Blackhawk purchase bucking a trend? - Troubled plastics suppliers find few potential buyers

摘要

Blackhawk Automotive Plastics Inc. may be nearing its exit from Chapter 11 bankruptcy protection under a new owner. But don't expect other troubled automotive-plastics suppliers to find buyers soon. It is not easy to predict who might be interested in investing in the auto plastics supply base at this point, says Tim Dumond, a director with consulting firm Grant Thornton LLP. Even buyers who had been willing to take on high risks now are being cautious.