Last week (on April 4, 2011) we completed the sale of Guelph, Ontario based Poly-Nova Technologies, Inc. to Starlim/Sterner GmbH of Marchtrenk, Austria.
Poly-Nova Technologies is a world leader in state-of-the-art rubber molding and material development of highly-engineered parts for the automotive, appliance, and electrical markets. The company, founded in 1996, employs approximately 100. Known for its high-volume wasteless/flashless molding technology, Poly-Nova’s products are widely used by other “best in class” leaders in the automotive, appliance and electrical markets. Poly-Nova’s entire team will remain intact which in turn will facilitate a seamless transition.
Our search identified Starlim as an outstanding fit with the operations of Poly-Nova. Both companies are world class operators that share fundamental philosophies about integrity, customer focus, fairness, technical innovation, quality and continuous improvement.
Starlim is a global leader in liquid injection molding of silicon parts for the auto and medical industry. The Starlim Group has remained on a steady course of expansion, with recent expansions to facilities in Germany and Italy. Starlim’s North American presence has steadily expanded since its inception in 2004 and they currently run 45 injection molding machines.
On April 4, 2011, Starlim North America Corp. acquired Poly-Nova Technologies, Inc. in a private transaction. The details were not disclosed. Douglas Nix of CFA Oakville, Ontario, Canada advised Poly-Nova Technologies in the transaction.
For more information, contact:
CFA Oakville, Ontario, Canada