PM Mold, Schaumburg, Illinois, a vertically integrated manufacturer of custom plastic injection molded parts and custom molds, has been acquired by NewCo Plastics, a portfolio company of White Wolf Capital. Terms were not disclosed. PM Mold provides a comprehensive suite of manufacturing services from product design to final shipment to its customers, operating in industries such as automotive, appliances, military, aerospace, electrical, consumer goods and agriculture. NewCo Plastics is a plastics manufacturing platform formed by White Wolf Capital to acquire North American plastic injection molding and manufacturing companies.
PM Mold will join Hilco Technologies, a provider of thermoplastic and gas-assist injection molding, abrasion-resistant hard-coating and rapid prototyping services, in the NewCo Plastics platform. Founded in 1963, PM Mold was founded by Olav Bradley and Norbert Hauck as a tooling-only manufacturer.
Today, the company operates out of two facilities in Schaumburg, Illinois, with both tooling and injection molding capabilities. Larry Hauck, son of Norbert Hauck, and Tom White, Olav Bradley and David Bradley were the company’s owners prior to the sale. Larry Hauck and Tom White will remain partners and will continue to manage PM Mold post-closing.
For more information, visit www.pmmold.com.