ABC Technologies to Acquire Windsor Mold Group Technologies
The Tier One automotive supplier with compounding and blow molding machine capabilities adds the 50-year-old molder and moldmaker.
ABC Technologies has acquired Windsor Mold Group Technologies. Photo Credit: ABC Technologies
Toronto-based ABC Technologies Holdings Inc. has acquired Windsor Mold Group (WMG) Technologies from the Bierer family for $165 million. Based in Windsor, Ontario, and founded in 1972, WMGT has moldmaking and injection molding facilities in Windsor, with additional facilities in Amherstburg, Ontario; Saline, Michigan; Bellevue, Ohio; Pulaski, Tennessee; Pharr, Texas; and Querétaro, Mexico.
A maker of complex tooling for injection-molded exterior and interior parts, lighting molds and optic inserts, WMGT generated $270 million in revenue for the fiscal year ended April 30, 2022. In a release, Terry Campbell, president and CEO of ABC Technologies, said the acquisition strengthens ABC’s exterior products offering, while expanding its injection molding technical expertise and bringing additional value-added tooling in-house.
ABC Technologies supplies custom technical plastics and lightweighting technologies to more than 25 OEM customers globally. Its offerings include manufacturing, design, engineering, material compounding, machine tooling and equipment building. ABC Technologies’ Supreme Tooling Group (STG) provides blow molding machine design, assembly lines and postproduction fixtures, with the machines built in Canada and customized to specific resin applications.
In April, WMGT opened its second facility in Mexico. The newest operation will be named Mexiplas – Colón and be located in the Aerotech Industrial Park in Colón, Querétaro. In 2011, the company opened Mexiplas – Querétaro, its first molded products facility. Mexiplas – Colón will start production in late 2022 in support of several OEM vehicle platforms assembled in Mexico. The facility will cover 150,000 square feet and house 10 new large-tonnage Engel injection molding machines with multi-material capabilities.