Universal Plastics Group Acquires W. Kintz Plastics’ Assets
Universal Plastics Group has acquired the assets of custom thermoformer W. Kintz Plastics, based in Albany, New York. Terms of the sale were not disclosed.
Jay Kumar, President of Universal Plastics Group, stated “W. Kintz Plastics’ 40-year history of expertise in high quality thermoformed parts and focus on excellent customer service in key industries ranging from transportation to medical devices, is highly synergistic to our thermoforming division and our broader manufacturing capabilities, including injection molding and blow molding. As always, customer success remains our top priority and guiding focus. With this acquisition, we will further build upon the breadth and depth of value we provide to our customers.”
Universal Plastics Group is a family of plastics manufacturing businesses comprised of Universal Plastics Corporation (three facilities in Massachusetts and New York dedicated to custom thermoforming), Sajar Plastics (gas assist injection molding, straight injection molding & structural foam molding) based in Middlefield Ohio, and Premium Plastic Solutions (custom blow molding) based in Latrobe Pennsylvania.
Universal Plastics Group is owned by the Kumar family, who plan to hold and grow the business by making investments in capabilities, technology, capacity and talent. There will be no material changes to the former W. Kintz Plastics staff or to the operating facility in Upstate New York.
Dorset Partners, based in Dorset VT, served as the advisor on the transaction.
About Universal Plastics Group
Universal Plastics Group is a family of plastics manufacturing businesses comprised of Universal Plastics Corporation (three sites in Massachusetts and New York dedicated to custom thermoforming), Sajar Plastics (gas assist injection molding, straight injection molding & structural foam molding) based in Middlefield Ohio, and Premium Plastic Solutions (custom blow molding) based in Latrobe Pennsylvania.
For more information visit www.universalplasticsgroup.com.
Universal Plastics Corp. is the custom thermoforming division of Universal Plastics Group with three facilities in Massachusetts and New York with strong legacy of expertise in manufacturing thermoformed plastic parts of the highest quality with a distinct focus on customer satisfaction. Universal has been in business for over 50 years with a world class management team and currently serves customers in a variety of industries including aerospace, medical device manufacturers, transportation, consumer products, food packaging and electronic companies.
For more information visit www.universalplastics.com.
For more information about Sajar Plastics, please visit www.sajarplastics.com.
For more information about Premium Plastic Solutions, please visit www.ppsmolding.com.