NewCo Plastics (“NewCo”), a portfolio company of White Wolf Capital (“White Wolf”), is pleased to announce the acquisition of PM Mold Company (“PM Mold”).
Based in Schaumburg, Illinois, PM Mold is a highly regarded vertically integrated manufacturer of custom plastic injection molded parts and custom molds. For nearly sixty years, PM Mold has provided a comprehensive suite of manufacturing services from product design to final shipment for its customers, operating across industries such as automotive, electrical, aerospace & defense, agriculture, and consumer products. PM Mold is NewCo’s second acquisition since its formation in July 2021.
Larry Hauck, President of PM Mold, said “We are excited to be joining forces with Hilco Technologies under the NewCo Plastics umbrella to execute our plans for growth. Through our partnership with NewCo, we expect PM Mold to continue its positive momentum in providing the right resources and vision to expand our operational capabilities and customer base, which will take our business to the next level.”
Elie Azar, Managing Director of White Wolf, added “The NewCo team is thrilled to partner with Larry and the PM Mold team to provide their longstanding customers a full suite of value-added manufacturing capabilities. The partnership with PM Mold will not just expand NewCo’s service offering, but further solidifies its manufacturing footprint across the Midwest.”
Details of the transaction were not disclosed.