About the Transaction
Moldtech, Inc. (“Moldtech”) (www.moldtechrubber.com) is a leading North American developer and manufacturer of innovative custom rubber molded products, including isolators/dampeners, seals, bellows/hoses, and specialty components. Moldtech’s primary end markets include military and defense manufacturers and automotive suppliers. Through its customer-centric product and service offerings, Moldtech has established a reputation for value pricing and a transparent, hassle-free end-to-end process for its customers. They have invested significantly in state-of-the-art machinery and equipment in order to maximize growth, automation, and manufacturing capabilities in recent years, laying the groundwork for the new owners of Moldtech to continue its strong momentum.
The buyer, Newbury Franklin Industrials LLC (“NFI”) (www.nfindustrials.com), is a leading supplier of consumable industrial components serving the industrial and commercial markets in North America. NFI believes in empowering entrepreneurial teams to do what they enjoy most professionally. NFI has also committed to keep Moldtech’s operating facility in Lancaster, NY.
NFI is capitalized by a team of accomplished business operators that have deep experience scaling companies both organically and via acquisition. The acquisition of Moldtech will bolster NFI’s industrials family of companies, which also includes USA Sealing, Inc. (also headquartered in Western NY), who is a leading supplier of consumable industrial components to the North American maintenance, repair and operations (“MRO”) market.
Paramax served as the exclusive M&A advisor to Moldtech on this transaction.
