Go to deals
Industrial Machinery & Components

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.

Parties
“This acquisition provides us with significant volumes and a strong position on the key North American continent. It supports relationships with existing customers, while also creating additional opportunities for growth and expanding our customer base.”

Christer Wahlquist

President and CEO, Nolato AB

Talk to the deal team

Nikolaos Karabelas

Partner
Stockholm, Sweden
Oaklins Sweden

Jakob Mårtensson

Associate Director
Stockholm, Sweden
Oaklins Sweden

Related deals

East Metal has been acquired by management and private investors
Industrial Machinery & Components

East 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
Quantum Base Holdings plc has completed its official admission to AIM
Industrial Machinery & Components

Quantum Base Holdings plc has completed its official admission to AIM

Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.

Learn more
He-Man Dual Controls has been acquired by Lagercrantz UK Limited
Private Equity | Automotive | Industrial Machinery & Components

He-Man Dual Controls has been acquired by Lagercrantz UK Limited

Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.

Learn more