Overview

World leading manufacturer of plastics melt delivery and control systems with manufacturing facilities in Canada, China, India, Brazil and Germany. Under our ownership, Mold Masters transformed from a family-owned business to a world class global market leader in hot runners.

Mold Masters' international sales increased by 60% during our ownership through both organic sales growth and completing four selective acquisitions. The increased focus on the emerging markets took the business from having only limited basic production in China and Brazil on entering, to significant presence on exit including 40% of sales being generated from Asia.

Highlights

• Tripled Chinese manufacturing capacity
• Created Indian engineering centre of excellence and manufacturing operation
• Increased employees by c 90% to 1,700
• Commercialisation of new innovative products helping customers improve cycle times and minimise resin costs
• Significant operational excellence initiatives led to improved efficiency, better asset utilisation and cost savings

Regulatory information 
This transaction involved a recommendation of 3i Corporation, a US wholly owned subsidiary of 3i Group. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities in this release. For data relating to other assets involving a past recommendation by 3i Corporation please click here.