Garden Grove, CA – June 2017 – Comar LLC has acquired injection molder and mold maker ProPlas Technologies.
ProPlas specializes in complex injection molding, assembly, and mold making and serves a variety of end markets including consumer goods and medical devices.
Headquartered in Voorhees, NJ, Comar has seven strategic manufacturing and distribution locations and employs a host of rigid plastic packaging technologies and related value-added services. Comar is a portfolio holding of Graham Partners of Newtown Square, PA.
The acquisition is expected to enhance Comar’s ability to provide solutions to the diagnostics and medical device markets, enhance the product development cycle, and provide additional injection molding capacity in a strategic location.
Scott Taylor, President at ProPlas Technologies, said, “Comar is an ideal partner due to our similar culture, values, and focus on the customers. I am very excited to partner with Comar to grow ProPlas and to join Comar’s Senior Leadership Team.”
Mike Ruggieri, CEO at Comar, said, “We are extremely pleased to welcome Scott and his team to the Comar organization. They have excellent customer relationships, a very strong employee base, and strategic assets and capabilities that will enable us to better serve existing and potential customers.”
Molding Business Services of Florence, MA served as the exclusive adviser to ProPlas Technologies in connection with the sale.
Excerpts from the following news articles published by Plastics News and Comar’s press release were used above. Click below to read the full articles.
Comar Announces Acquisition of ProPlas Technologies – by Comar
Comar snags injection molder, mold maker ProPlas – by Plastics News