Go to deals
Industrial Machinery & Components

Nolato AB has sold its subsidiary Nolato Hertila to Essentra International Limited

Nolato AB has sold Nolato Hertila to Essentra International Limited, a subsidiary of Essentra Plc for US$4.9 million.

Nolato Hertila offers standard and customized temporary protection solutions for painting, transportation and mounting. A leader within caps and closures in the Nordics, the product range further includes cable clips, fastening plugs, container lids, handles and other polymer products.

Essentra is a leading global provider of essential components and solutions with four global divisions: components, packaging, filters and specialist components. Its international network extends to 33 countries and includes 49 principal manufacturing facilities, 66 sales and distribution operations and four research and development centers. Essentra Components is a global market leading manufacturer and distributor of plastic injection moulded, vinyl dip moulded and metal items. Operating in 27 countries worldwide, 11 manufacturing facilities and 24 logistics centers, it serve more than 90,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics and construction.

Nolato is a Swedish group with 7,200 employees in Europe, Asia and North America. The group develops and manufactures products in polymer materials such as plastic, silicone and TPE for leading customers within the medical technology, pharmaceuticals, consumer electronics, telecom, automotive and other selected industrial sectors. Nolato’s shares are listed on Nasdaq Stockholm in the Mid Cap segment.

Oaklins' team in Sweden advised the seller in this transaction. In 2016, the team advised Nolato on their acquisition of Treff AG.

Parties

Talk to the deal team

 Nikolaos  Karabelas

Nikolaos Karabelas

Partner
Stockholm, Sweden
Oaklins Sweden

Related deals

LISEGA SE has been acquired by BUHLMANN RFS GmbH & Co. KG
Industrial Machinery & Components

LISEGA SE has been acquired by BUHLMANN RFS GmbH & Co. KG

Hardtke Stiftung has sold LISEGA SE to BUHLMANN RFS GmbH & Co. KG.

Learn more
Timken acquires Lagersmit from Anders Invest
Industrial Machinery & Components

Timken acquires Lagersmit from Anders Invest

The Timken Company (NYSE:TKR), a US-based global leader in engineered bearings and industrial motion products, has acquired Lagersmit, a Netherlands-based manufacturer of highly engineered sealing solutions for demanding marine, dredging, water, tidal energy and other industrial applications.

Learn more
KKR to invest in Precipart Group Ltd.
Private Equity | Industrial Machinery & Components

KKR to invest in Precipart Group Ltd.

Kohlberg Kravis Roberts (KKR) has agreed to make a significant strategic investment in Precipart Group Ltd., a leading contract manufacturer of precision components for the medical device and aerospace industries. KKR plans to support the company in its continued growth organically and through M&A.

Learn more