Kreate Acquires Precision Thermoplastic Components (PTC) in Lima, Ohio
August 25, 2025
Kreate, backed by Nickolas Asset Management and the Reinhart family, has acquired Precision Thermoplastic Components (PTC) and its 115,000-square-foot Lima, Ohio manufacturing facility. The acquisition expands Kreate’s U.S. manufacturing capacity, adds new product categories and customers, and secures proprietary product rights to accelerate automation, AI-driven process optimization and sustainable production.
- Buyers
- Kreate, Nickolas Asset Management, The Reinhart Family of Companies
- Targets
- Precision Thermoplastic Components (PTC)
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
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