GW Plastics Inc. (Bethel, VT) announced that it has completed its merger with the Nolato Group (Torekov, Sweden), which develops and manufactures products in a range of polymer materials. GW Plastics has subsequently rebranded to Nolato GW Inc.
With GW Plastics’ seven global manufacturing facilities joining Nolato’s 25-plus facilities around the world, this acquisition gives Nolato and GW Plastics an impressive global position in North America, Asia, and Europe, and expands resources and capacity in the healthcare, filtration, and automotive markets.
This year marks GW Plastics’ 65th anniversary, which has grown to more than 1,000 employees at manufacturing facilities in the United States, Mexico, China, and Ireland. It has long-standing customer relationships with market leaders across the globe, said GW Plastics’ information, especially in the medical device, diagnostics, drug delivery, and automotive industries. The company had been privately held, under the same ownership and leadership, since 1963. Nolato said that it will retain the current management team.
“We believe Nolato aligns exceptionally well with GW Plastics’ business and culture, and together we’ll offer our customers the same predictability and engagement they have come to rely on,” said GW Plastics President and CEO Brenan Riehl. “Our customers will now be able to enjoy the support and scale of the entire Nolato Group with its comprehensive product development, engineering services, and extensive global manufacturing network. The combined capabilities and synergies between our companies are second to none and we look forward to leveraging them for our customers’ benefit.”