Universal Plastics, a Massachusetts based heavy gauge thermoformer, has acquired Sajar Plastics, Middlefield, OH, a gas assist injection molder. Terms of the sale were not disclosed.
The strategic vision for the acquisition is that Universal Plastics currently services customers who start out with custom thermoforming and graduate to injection molding – Sajar’s low volume gas assist injection molding expertise provides Universal with the opportunity to support their customers further along the product life cycle.
“Customer success is our top priority and guiding focus," said Jay Kumar, president of Universal Plastics. "Sajar’s synergies with our existing thermoforming businesses, Universal and Mayfield, are plenty – a strong management team, sound business processes and a commitment to top quality products are what we are going to build upon."