Madison Capital Partners: Acquisition of Synventive Molding Solutions from Berwind Industries LLC

Synventive Molding Solutions, one of the world’s largest designers, manufacturers and suppliers of hot runner systems and related components to the injection molding industry, announces that it has been acquired by Madison Capital Partners, an investment group based in Chicago, USA. Synventive has four manufacturing facilities; one in Peabody, USA, one in s’-Gravendeel, The Netherlands and two in Bensheim, Germany and employs over 600 people worldwide. Synventive has a global network of branch offices that provide sales, engineering and service to customers in more than 30 countries.

Madison has extensive experience in the plastics industry and with this acquisition will further expand its portfolio of companies in the plastics industry.
“It is our objective to buy, build and grow industrial manufacturing companies with a strong reputation, well-recognized brand name and a strong management team,” says Larry Gies, Madison’s president and CEO.

“With Madison as our new partner the long-term continuity and growth of our business is ensured” says Hub Cilissen, president and CEO of Synventive Molding Solutions. “Our vision is to become the injection molding industry’s leading solutions provider of choice and we believe that our new partner will help us to achieve this objective. They recognise and enforce our core strengths, the spirit of the people who embody our organization, and our guiding principles of innovation and commitment to developing strong, long-term customer relationships.”

Synventive is a leader in hot runner technology currently holding 39 patents and has 79 patents applications pending worldwide. Its Dynamic Feed® technology is the only control system in the industry that is able to independently control the rate of filling and packing pressures of each cavity of a (multi-cavity) mold.

Over the past decades, Synventive Molding Solutions and its predecessors (Dynisco HotRunners, Eurotool, Kona) have served customers in the automotive, electronics, telecommunications, packaging, medical, consumer/ industrial and PET industries.

Madison has a proven track record in the plastic molding, plastic machinery and plastic auxiliary equipment industries, enhancing its businesses’ long-term value through an intense focus on the customer and product innovation.

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