Westfall Technik Inc. (“Westfall”) is proud to announce the acquisition of Precision Injection Molding Company (“PIMCO”) and to welcome two of its leaders, Steve Crawford and Scott Rose, to the Westfall team.
PIMCO has developed a reputation for being a reliable strategic partner to its customers, offering a high-touch approach to solving problems combined with direct, senior-level attention and focus. This support-oriented model has been extremely successful, as evidenced by PIMCO’s strong growth trends and long-standing customer relationships of over 15 years. Westfall is excited to partner with PIMCO, its managers, and their customers to continue that upward trajectory.
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“We’re very excited to team up with Westfall and have access to the resources of a larger organization. This transaction will allow us to provide additional technologies, capabilities, and increase the speed-to-market for our customers and their products.” Steve Crawford |
PIMCO produces a diverse range of injection molded plastic parts for various markets including medical, telecommunication, consumer durables, and light industrials. The company excels at molding complex parts that its customers cannot produce in-house. This adds to Westfall’s technical injection molding capabilities for OEMs looking to outsource challenging applications for quality assurance and cost-effectiveness.
The acquisition of PIMCO, Westfall’s twelfth in sixteen months, continues Westfall Technik’s aggressive growth strategy, focused on building the plastic industry’s most comprehensive and vertically integrated solution provider.
MBS Advisors served as exclusive financial advisor to PIMCO on the transaction.
About Westfall Technik
Westfall Technik® delivers end-to-end contract manufacturing solutions for the complete lifecycle of injection molded plastic parts with a focus on healthcare, packaging and consumer goods. Westfall Technik’s competitive advantages include modern automation systems, correlative molding processes, and effective industry 4.0 concepts. The results for brand owners include high quality, excellent value, fast response for shorter time-to-market, 100% inspection and traceability from pellet to pallet and beyond, supply chain security compliance, and reliability from a team you can trust.
