Sweden-based Nolato Group has completed its acquisition of GW Plastics, the companies announced today.

Nolato develops and manufactures products in polymer materials such as plastic, silicone and TPE for companies within the healthcare, automotive and consumer electronics industries. The acquisition will add GW Plastics’ seven global factories to the more than 25 manufacturing facilities Nolato operates around the world.

GW Plastics, which manufactures products for the medical device, diagnostics, drug delivery and automotive industries, has rebranded to Nolato GW.

Headquartered in Bethel, N.H., GW Plastics marked its 65th anniversary this year. It has more than 1,000 employees at its plants in the U.S. Mexico, China, and Ireland and had been privately held, under the same ownership and leadership, since 1983.  The current management will remain with Nolato.

“We believe Nolato aligns exceptionally well with GW Plastics’ business and culture, and together we’ll offer our customers the same predictability and engagement they have come to rely on,”  said GW Plastics president & CEO Brenan Riehl in a news release. “Our customers will now be able to enjoy the support and scale of the entire Nolato Group with its comprehensive product development, engineering services, and extensive global manufacturing network. The combined capabilities and synergies between our companies are second to none and we look forward to leveraging
them for our customers’ benefit.”