NewCo Plastics acquires Magenta
NewCo Plastics expands service portfolio through Magenta acquisition.
NewCo Plastics, a leading supplier of custom plastic injection-molded parts founded by White Wolf Capital Group, has announced the acquisition of Magenta LLC and its affiliates Permian Plastics LLC and MM Plastics LLC. With the Magenta acquisition, the company has completed its third acquisition to date.
Magenta and its affiliates provide diversified custom injection molding solutions to target market customers across numerous sectors including medical, personal care, food and beverage, biotechnology and chemicals. The Magenta acquisition reinforces NewCo's commitment to providing manufacturing services important to its strong customer base in the medical, personal care, pharmaceutical and industrial markets.
White Wolf Capital Group Vice President Jordan Earnheardt stated: "NewCo Plastics and White Wolf are proud to partner with Magenta's teams across its geographic footprint and look forward to expanding our service portfolio to better serve our customer base. We believe that the coming together of these two customer-focused cultures will produce excellent results for all stakeholders."
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