Mold-Masters enters partnership with investor
Canadian PlasticsCanadian Plastics
Capital investment firm 3i is making a significant investment with Georgetown, Ont.-based hot runner supplier Mold-...
Capital investment firm 3i is making a significant investment with Georgetown, Ont.-based hot runner supplier Mold-Masters Ltd. to enable the Canadian company to further its international expansion in Europe, Asia and Latin America.According to Mold-Masters, the investment will also allow it to consider acquisition opportunities in the hot runner segment and beyond.
We are delighted to be partnering with 3i, Jonathan Fischer, CEO of Mold-Masters, said. We feel that 3i brings the right combination of industry knowledge, international capabilities and patient capital.
3i has a long history of partnering with quality family-owned businesses like Mold-Masters to help thee companies go to the next level, noted Ken Hanau, 3i partner in the company’s New York office. Over the last 44 years, [Mold-Masters] has built a market leading business based on technological innovation and outstanding customer service.
The investment is subject to regulatory approval.