Balcan Plastics Owners Are Said to Consider $1 Billion Sale

The owners of manufacturer Balcan Plastics are considering a sale that could value the business at as much as C$1.3 billion ($1 billion), according to people with knowledge of the matter.

The closely held company is working with an adviser to look at strategic options, including a full or partial sale of the business, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The business is attracting interest from private equity firms, the people said.

A representative for Balcan, based in Saint Leonard, Quebec, didn’t respond to requests for comment.

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