May 2024 – Phoenix, AZ – Proactive Plastics, LLC of Phoenix, AZ has recently been acquired by Singapore-based Sunningdale Tech Ltd., a global injection molding and mold making firm.
Proactive Plastics is a state-of-the-art plastic injection molding company specializing in difficult and mission-critical components. Established in 2021, Proactive utilizes a modern fleet of electric molding machines to service multinational customers primarily in the industrial and transportation industries.
The purchase of Proactive Plastics is in line with Sunningdale’s mission to expand geographically in North America. Sunningdale currently operates in nine countries and serves the automotive, consumer/information technology, and healthcare industries.
Michael Friend, President and Owner of Proactive Plastics stated, “This transaction solidifies the continuity of our operations along with adding significant engineering and tooling capabilities. This along with an international presence and the ISO-13485 mindset is exciting for both our employees and customers.”
Plastics-focused investment banking firm MBS Advisors of Florence, MA represented Proactive Plastics in the transaction.
Excerpts from above were taken from Sunningdale Tech’s press release and a recent article in Plastics News.