Holding company adds Dynaroll to plastics lineup

By Roger Renstrom
Correspondent

Published: January 4, 2013 6:00 am ET

Related to this story

Topics Medical, Mergers & Acquisitions, Injection Molding

SCOTTSDALE, ARIZ. (Jan. 4, 11:50 a.m. ET) — Providien LLC acquired Dynaroll Corp. of Sylmar, Calif., on Dec. 31. Terms were not disclosed.

Dynaroll is a contract manufacturer of medical components for devices, robots, surgical equipment and disposable products.

Also, Dynaroll supplies high-precision miniature and instrument bearings essential for motion control in certain medical devices and diagnostic and imaging systems.

A small portion of Dynaroll’s manufacturing involves precision machining of plastic components. The remainder deals with metals processing and assembly tasks.

Simon Harrison founded Dynaroll in 1988. The firm employs 85, occupies 40,000 square feet and is certified under ISO 9001, ISO 13485, ISO 14001 and OHSAS 18001.

Principals of Providien and Dynaroll began discussions during 2012’s third quarter, said Jeff Goble, Providien president and CEO.

Formed in June 2010, Scottsdale-based holding company Providien reports annual sales of about $80 million and approximately 800 employees, Goble said. In addition to Dynaroll, Providien’s other operating divisions include thermoformer Specialty Manufacturing Inc. of San Diego, injection molder Plastics Engineering & Development Inc. of Carlsbad, Calif., contract manufacturer Integra Biotechnical LLC in Vista, Calif., and Tijuana, Mexico, and ventilation therapy specialist Emergent Respiratory LLC of Carlsbad.

Goble said the addition of Dynaroll coincides with an industry trend toward consolidation of vendor bases and “expands the breadth of our customer relations.”


Comments

Holding company adds Dynaroll to plastics lineup

By Roger Renstrom
Correspondent

Published: January 4, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

ZF finalizes deal to buy TRW, creating another global auto supply giant

September 15, 2014 1:09 pm ET

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German...    More

Image

Germany's Lehmann & Voss buys U.S.-based Performance Compounding

September 12, 2014 11:36 am ET

German compounding firm Lehmann & Voss & Co. KG has acquired Performance Compounding LLC for an undisclosed price.    More

Image

ATS goes global with acquisition of M+W Process Automation

September 10, 2014 2:49 pm ET

ATS Automation Tooling Systems Inc., a maker of factory automation systems in Cambridge, Ontario, has agreed to buy a German company M+W Process...    More

Image

DS Smith adds to footprint with Croatian injection molding acquisition

September 10, 2014 2:05 pm ET

DS Smith plc, the London-headquartered packaging giant, has announced the acquisition of Kaplast dd, a Croatian injection molding company.    More

Image

Par-Pak Europe buys Holfeld Plastics

September 10, 2014 1:58 pm ET

Holfeld Plastics Ltd., the Ireland-based packaging manufacturer, has been bought by Par-Pak Europe (PPE) for an undisclosed sum.    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events