Technimark Acquires Tool & Plastic Industries Ltd

PUBLISHED: 1st September 2020

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LK Shields acted for Tool and Plastic Industries Limited, a leading Irish manufacturer of injection moulded plastic products, on its sale to Technimark LLC, a portfolio company of Pritzker Private Capital.

Tool & Plastic, in operation for 52 years and led by owners Colm Cuffe and Declan O'Rourke, specialises in offering competitive and innovative contract GMP Cleanroom moulding and assembly solutions. The company operates from a number of ISO Class 8 Cleanroom environments in its facility in Ireland and from an IATF 16949 compliant facility in the Czech Republic. Tool & Plastic has continually invested in state-of-the-art technology, allowing for high-quality manufacturing services and a longstanding reputation for excellence.

The combination of Tool & Plastic and Technimark enhances Technimark's healthcare manufacturing expertise, as well as its global footprint. The combined company will have 13 facilities and over 4,400 employees worldwide.

"We are excited to partner with Technimark" commented Mr. Cuffe. "Tool & Plastic and Technimark share a common culture for technical excellence, safety, innovation and customer partnership, and we look forward to building lasting value together."

Ruairi Mulrean, Partner, led the LK Shields team with assistance from Emmet Scully and Stephen Gamble (Corporate), Cathal Hester and John Campbell (Property), Einde O’Donnell (Employment), Jane O’Grady (Data Privacy and Intellectual Property). Gillian Dully (Pensions and Benefits),  Evelyn Boyce (Banking), and James Green (Corporate).

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