Ontario molder NS Technologies buys Shirlon Plastics
Canadian Plastics
Economy Plastics Processes Injection Molding: Machinery & Equipment Plastics Industry Economic Changes/ForecastCustom molder NS Technologies Group Inc. has acquired rotational molder Shirlon Plastics Inc.
Custom molder NS Technologies Group Inc. has acquired rotational molder Shirlon Plastics Inc.
The purchase makes Milton, Ont.-based NS Technologies one of the largest rotational molders and heavy gauge thermoformers in Ontario, the company said, and in the top 50 rotational molders in North America.
The terms of the purchase have not been disclosed, but NS Technologies said it received assistance in the deal from investment bank Osprey Capital Partners.
Founded more than 40 years ago, Shirlon Plastics is headquartered in Cambridge, Ont.
“Shirlon Plastics’ strengths in custom rotational molding, vacuum forming and material processing offers our customers a wider variety of manufacturing capabilities ensuring that we meet every customer’s needs for quality molded parts,” NS Technolgies said in a news release. “NS Technologies Group Inc. offers Shirlon Plastic’s customers a partner with more than 30 years of experience in the plastics industry and the stability of a growing company. “
