Platinum Equity has announced the successful closing of their previously announced acquisition of Husky Injection Molding Systems (IMS) International Ltd. Based in Bolton, Ontario, Husky is a global supplier of highly engineered injection molding equipment and services for the plastic injection molding equipment industry, and a leading provider of PET systems, hot runners, aftermarket tooling, medical molds, and specialty closure molds.
Husky is a leading industrial technology provider to the plastics processing community that has an unprecedented level of innovation effectiveness. Husky's manufacturing equipment is delivered to a wide range of customers in various end-markets with approximately 70 percent of its sales generated outside North America. In addition to complete injection molding solutions, Husky provides aftermarket services and parts to a large and growing installed base of systems globally. It invests significantly in new product development to serve both its core beverage packaging and adjacent market customers. Husky's highly experienced and talented management team will continue to lead the company.
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