Calframax Technologies Acquired by SyBridge Technologies

SyBridge Technologies, a global industrial technology company, announced on August 3 that it has acquired Calframax Technologies Inc., a company headquartered in Oldcastle, Ontario Canada that is known for its precision tooling services. Calframax expands SyBridge’s presence in the consumer end market. This transaction marks SyBridge’s twelfth acquisition since inception in 2019.

Calframax, founded in 1995, is a leader in the construction of precision molds, with market leadership in the manufacturing of rigid plastic molds serving both the consumer goods and industrial pails market. Calframax also supports its customers throughout the production process from design and engineering to aftermarket parts, spares and repairs. Calframax is Sybridge’s first acquisition that is focused on the consumer end market.

SyBridge Technologies was established in 2019 by Crestview Partners, a New York-based private equity firm that committed $200 million of equity to create a market-leading, value-added manufacturing solutions provider spanning end markets, geographies and advanced technological capabilities.

“Calframax is an exciting expansion into rigid plastic moldmaking and continues our vision of building a leadership position in consumer goods markets,” Tony Nardone, CEO of SyBridge, says of the transaction. “The combination of Calframax’s and SyBridge’s capabilities will enable us to better serve Calframax customers throughout North America.”

“Calframax owners Joe Gasparovic and Ray Little have done a great job in building a top Tier consumer tooling company,” Bill McDonough, president of SyBridge’s Consumer & Life Sciences business units, adds. “The entire Calframax team will strengthen the Sybridge franchise. We are excited to welcome new team members and work together to support our customers’ continued growth investments.”