Mergers. Acquisitions. Operations.

KEY FACTS

• Acquired from a private equity seller in March 2018
• Founded in 1953 and headquartered in Bolton, Ontario, CA
• A global supplier of highly engineered injection molding equipment and services for the plastic injection molding equipment industry
• A leading provider of PET systems, aftermarket tooling, medical molds, and specialty closure molds
• The company makes state-of the-art manufacturing equipment that is delivered to a wide range of customers in various end-markets and is used to manufacture a wide range of plastic products, including beverage and food containers, medical devices and consumer electronic parts
• Serves a multi-national customer base, including leading consumer brands and packaging companies, with a majority of its sales generated outside North America
• Provides aftermarket tooling, services and parts to a large and growing installed base of systems globally
• Invests significantly in R&D and new product development to offer new solutions and technologies for its existing customer base as well as for expansion into adjacent markets

INITIATIVES

• Execute traditional Platinum Equity cost levers including sourcing opportunities, manufacturing improvements, and overall organizational effectiveness opportunities
• Focus on executing identified organic growth opportunities including initiatives to drive market penetration in certain business lines and also penetration of additional markets with new products and technologies
• Partner with management to develop and execute next generation operating model: expand product development, digitize the customer relationship, and automate the manufacturing operations

NEWS

Platinum Equity Completes Acquisition of Husky Injection Molding Systems  »

Platinum Equity to Acquire Husky Injection Molding Systems »

updated 4/18