# Nolato acquires GW Plastics for SEK 2 billion

Nolato has signed an agreement to acquire US-based GW Plastics, a manufacturer of injection-molded thermoplastic and silicone solutions for medical devices and vehicle systems, for approximately SEK 2 billion. GW Plastics has annual sales of SEK 1.8 billion and 1,100 employees across seven plants in the US, Mexico, China and Ireland.

- Type: Acquisition
- Announced: 2020-08-06
- Where: Bethel, Vermont, United States
- Value: $230.0M (2.00B SEK)
- Jobs: 1,100
- Status: announced
- Products: injection-molded thermoplastic and silicone solutions, medical devices, vehicle systems
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nolato](https://endata.com/companies/34212.md) (acquirer)
- [GW Plastics](https://endata.com/companies/45959.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/nolato/r/nolato-acquires-us-based-medtech-manufacturer-with-annual-sales-of-approximately-sek-1-8-billion,c3164704), 2020-08-06: "The acquisition provides significant volumes and a strong position in North America for the Medical Solutions business area, offering additional opportunities for growth and underpinning existing core customer relationships."
- [plasticsnews.com](https://www.plasticsnews.com/news/swedens-nolato-buying-gw-plastics-build-its-north-american-operations/), 2020-08-06: "Sweden's Nolato buying GW Plastics to build up its North American operations."
- [vnews.com](https://vnews.com/2020/08/06/gw-plastics-sold-to-swedish-company-35601839/), 2020-08-06: "This gives us access to capital and will help to fund our growth."

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