Nolato has acquired US-based GW Plastics
Nolato AB has acquired GW Plastics, Inc. The acquisition significantly strengthens Nolato's position in North America, making the company a truly global partner to its customers.
Nolato is a Swedish group with operations in Europe, Asia and North America. The company 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, hygiene and other selected industrial sectors. Nolato’s shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the industrials sector.
Founded in 1955, GW Plastics specializes in providing complex injection molded thermoplastic and silicone solutions to a highly demanding customer base primarily constituted of companies in the healthcare and automotive industries. The company, with over 1,000 employees, is headquartered in Bethel, Vermont, with additional manufacturing facilities in Royalton (Vermont), Grantham (New Hampshire), San Antonio (Texas), Tucson (Arizona), Queretaro (Mexico), Dongguan (China) and Sligo (Ireland).
Oaklins’ team in Sweden, together with the team in Cleveland, advised the buyer on this transaction. Following the acquisition of Switzerland-based Treff AG in 2016, and the sale of non-core subsidiary Nolato Hertila to Essentra in 2018, the acquisition of GW Plastics marked the third transaction that the Swedish team has closed on behalf of Nolato.
President and CEO, Nolato AB
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