Smart Molding International 1-2022

7 newsfeed www.smart-molding.com Coming to America! Rosti Group proud to acquire PCI, US based injection moulding company Significantly strengthening Rosti Group’s market position across the United States, the acquisition with PCI makes the Group a truly global partner to customers RostiGroupAB(“Rosti”orthe“Group”) has acquired Plastic Components, Inc. (“PCI”), a US-based injection moulding company fromMPE partners. The acquisition significantly strength - ens Rosti’s market position across the United States, making the Group a truly global partner for its customers. Founded over 75 years ago, Rosti is a global plastic injection moulding company and contract manufacturer serving some of the world’s leading manufacturers in the packaging, con - sumer appliances, business machines, medical and automotive sectors. Head - quartered in Sweden, Rosti has state- of-the art production facilities strategi - cally located across Europe and Asia. Through the acquisition of PCI, Rosti is establishing a global production foot - print to better serve both existing and new customers. “M&A is an important part of Rosti’s growth strategy and we continue to look for high-quality companies that can strategically enhance our business and create meaningful opportunities for our customers and employees. PCI has extensive know-how in engineer - ing and process technology and is a well-managed company that does just that, they are a great partner for Rosti” Jonas Persson, CEO of Rosti. Founded in 1989, PCI delivers engi - neered thermoplastic components for a variety of market applications, including flow control, consumer, pool & aquatics, automotive technology, small engine, and medical. Headquartered in Ger - mantown, WI, with additional locations in Cary, NC and Clearfield, UT, PCI boasts a unique nationwide presence and has critical scale with longstanding, strategic relationships throughout a diverse cus - tomer base. Derrill Rice, President and CEO of PCI, will continue to lead PCI’s strong existing management team. “As the President and CEO of PCI, an industrial injection moulder, I am thrilled to partner with Rosti who for over 75 years have also been injection moulding. Owned by Nordstjernan, an ethical company with financial strength, this acquisition is part of their long-term investment strategy. The cul - tural fit and vision that both companies share will help us to better serve our customers. Combining our two highly skilled workforces will help us expand our capabilities on a global scale.” Der - rill Rice, President and CEO PCI. “This acquisition combines two strong, technology-led manufacturing teams, allied in their pursuit of excel - lence to deliver world class manufac - turing and moulding, enhancing our relationships with existing customers while creating additional opportuni - ties for growth and expansion. PCI aligns well with Rosti strategically and culturally, and together we are excited to offer customers a superior technical service.” Jonas Persson, CEO of Rosti. Rosti www.rosti.com Rosti Group, headquartered in Sweden PCI, headquartered in Germantown, WI