Tenere, a full-service provider of complex metal and plastic components and assemblies based in Wisconsin, US, has acquired Mountain Molding, LLC, a custom plastics injection moulding firm offering both tooling and production. The firm, which was acquired in 2012 by Massachusetts-based private equity, Watermill Group, in 2012, operates four manufacturing facilities in Wisconsin and Colorado.
Mountain Molding serves customers in the medical, security, pet products, consumer products, electronic equipment, and defence industries, among others, with a range of services including new mould design and development, transfer of existing moulds, injection moulding, assembly, contract manufacturing, inventory management, and full product life cycle support. Located in Longmont, Colorado, the company operates with over 50 employees and approximately 4,645-sq m manufacturing space.
In Tenere’s acquisition of Mountain Molding, MB Business Capital and Medley Capital served as the lenders, and Goodwin Procter LLP provided legal counsel.
(PRA)
