# Novares acquires MPC to expand North American reach

Novares has acquired Miniature Precision Components (MPC), an injection molding, extrusion and blow molding company focusing on technical parts for the auto industry. The acquisition expands Novares' reach in North America.

- Type: Acquisition
- Announced: 2019-02-12
- Where: Wisconsin, Tennessee, Mexico, United States
- Jobs: 1,600
- Status: announced
- Products: injection molded parts, extruded parts, blow molded parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Novares](https://endata.com/companies/26886.md) (acquirer)
- [Miniature Precision Components](https://endata.com/companies/37253.md) (target)

## Sources

- [plasticsnews.com](https://www.plasticsnews.com/article/20190212/NEWS/302129998/novares-buys-mpc-expands-reach-in-north-america/), 2019-02-12: "Novares buys MPC, expands reach in North America"
- [just-auto.com](https://www.just-auto.com/news/novares-acquires-miniature-precision-components/), 2019-02-12: "The acquisition of MPC, with a turnover of $265m in 2018, nearly doubles the size of Novares' engine business, giving it a critical size and a global reach."
- [automotivepowertraintechnologyinternational.com](https://www.automotivepowertraintechnologyinternational.com/news/partnerships-investments-acquisitions/novares-acquires-powertrain-supplier-mpc.html), 2019-02-13: "The acquisition of MPC, with a turnover of US$265m in 2018, nearly doubles the size of Novares’ engine business."
- [mp-corporatefinance.com](https://www.mp-corporatefinance.com/deals/novares-acquired-miniature-precision-components-mpc/), 2019-03-12: "The acquisition of MPC doubles the sales of Novares’ engine business and enables Novares to achieve a critical size with a global reach to position itself among the world’s leading suppliers of powertrain components."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.