NewCo Plastics aims to expand its service offerings with the acquisition of Magenta.
NewCo Plastics, a platform formed by White Wolf Capital Group that is a vertically integrated provider of custom plastic injection molded parts and custom molds, has announced its acquisition of Magenta LLC and its affiliates, Permian Plastics LLC, and MM Plastics LLC. The acquisition of Magenta represents the platform’s third acquisition to date.
Magenta and its affiliates provide a diversified custom injection molding solution for customers within the healthcare, personal care, biotechnology, chemicals, food & beverage, and a vast array of end markets. The acquisition of Magenta solidifies NewCo’s commitment to providing mission-critical manufacturing services to its robust customer base across the medical, personal care, pharmaceutical, and industrial end markets.
Jordan Earnheardt, Vice President at White Wolf Capital Group, said: “NewCo Plastics and White Wolf are proud to be partnering with the teams across the Magenta footprint and look forward to expanding their service offerings to better serve our customer base. We believe the combination of these two customer first cultures will lead to great outcomes for all stakeholders.”
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