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

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.