This Buyer is a well-established, US-based Plastic Injection Molding Company. They have built a strong reputation over the decades by serving a diverse and impressive client base, including major Fortune 500 companies in the hospitality, custodial, food service, and automotive industries. They have a comprehensive in-house design and engineering with state-of-the-art CAD and 3D prototyping to full-scale manufacturing and fulfillment.They have been operated by the current management for 20 yearsThis Buyer’s business offers numerous services and products including in-house tool maintenance, pre-assembly, welding/bonding, insert molding as well as ISO 9001:2015 certification.
STRATEGIC FIT FACTORS: WHAT WE’RE LOOKING FOR
Plastic Injection Molding Businesses
Less than 35% Automotive focused work
Companies with revenue between $5M-$20M
Ideally located within the Great Lakes Region
Presses with 500 lb. or more ability
MOTIVATION: WHY WE’RE LOOKING FOR AN ACQUISITION
The Buyer’sbusiness is expanding beyond what their current facility can handle and because of theirtrack recordof problemsolving andreliability, their clients are asking them to take on more work. They are looking for a business with current capacity and hopefully the ability to expand their operations.
INTERESTED?
If this opportunity fits your Company, please fill out the below NDA to get started and contacted with more information.
This Midwest Company designs, builds and certifies world-class checking, holding and scanning fixtures and special tooling for automotive manufacturing customers. The ISO-certified Company has built a strong reputation and loyal customer base through its deep knowledge of industry needs, ability to deliver quality products on time, and collaborative, beginning-to-end customer service. The experienced, qualified staff – many of whom have been with the Company for most of their careers – have deep ties with customers built over many years of direct engagement. Customer and supplier relationships, an active team culture and quality control processes already in place make this Company an excellent acquisition opportunity.
GROWTH OPPORTUNITIES
Untapped capacity – Company facility has room for more production. It currently operates a single shift, but has employed two shifts in periods of higher demand.
Financial planning – Input from a financial professional providing cash flow planning and budgeting would aid the Company’s growth.
Capital improvements – Investment in a 5-axis horizontal mill would reduce labor costs, producing more competitive pricing and larger profit margins.
INVESTMENT HIGHLIGHTS
Quality reputation – The owner and his management team are well-respected for their deep understanding of industry needs and ability to provide quality products and services on time.
Client base – The Company has attracted and retained customers by serving the complex and demanding needs of the automotive industry. Its top 5 customers – all automotive – have been on board for an average of 15 years.
Deep customer ties – Long-standing customer relationships extend beyond the owner, as team members have regular, direct engagement with core clients.
Supply chain – Strong supplier relationships help overcome potential pandemic-induced supply chain challenges. Its top 5 suppliers have been working with the Company for its entire history.
Industry certification – The Company’s ISO 9002 certification assures customers of quality in production, servicing and installation of fixtures.
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