Newbury Franklin Industrials Acquires Metro Plastics Technologies
April 28, 2022
Newbury Franklin Industrials (NFI) acquired Metro Plastics Technologies, a custom plastic injection molding company based in Noblesville, Indiana; the deal closed April 28, 2022. The acquisition brings injection molding, in‑house tooling and smart manufacturing (IoT-enabled) capabilities into NFI’s industrial components platform and continues the Hahn family’s legacy through a culturally aligned buyer.
- Buyers
- Newbury Franklin Industrials
- Targets
- Metro Plastics Technologies, Inc.
- Sellers
- Hahn family
- Industry
- Manufacturing
- Location
- Indiana, United States
- Transaction Type
- Buyout
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