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.
Christer Wahlquist
President and CEO, Nolato AB
Talk to the deal team
Related deals
E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity
LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.
Learn moreCrux Agribotics has been acquired by VDL
Crux Agribotics, a Dutch AgTech innovator with a 40-year heritage in computer vision, robotics, software development and high-tech engineering, has been acquired by VDL Groep, an international industrial family business. Through the acquisition of Crux Agribotics, VDL Groep further strengthens its position in foodtech, one of the growth markets for this family-owned industrial company.
Learn moreEast Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Learn more