Unit Industries diversifies by buying EMS Sandburg

By Roger Renstrom
Correspondent

Published: March 1, 2013 3:04 pm ET
Updated: March 1, 2013 3:10 pm ET

Image By: Unit Industries Group Inc. Unit Industries officials

Related to this story

Topics Mergers & Acquisitions Aerospace Electronics Injection Molding Injection molds Design Molds/Tooling
Companies & Associations

FULLERTON, CALIF. -- In diversifying toward turnkey capability, Unit Industries Group Inc. of Fullerton acquired three entities operating as EMS Sandberg Industries.

"We want to become more diversified," said Anthony Codet, Unit's owner, president and CEO, said in an interview. "Previously, our market was limited to mold making and connectors and injection molding, but the market is shifting and wants turnkey packages in order to outsource a whole product from A to Z. We decided to go to the next level."

Identified together as EMS Sandberg, the acquired contract manufacturing operations employ more than 170 and include two businesses in Santa Ana, Calif. — Sandberg Industries Inc. and Sandberg International — and a wholly owned maquiladora in Tijuana, Mexico — Transmex Internacional SA.

"Combined, we have 1,300 customers," Codet said. "My strategy is to be able to cross-pollinate from plastics to connectors to electronics to the whole package."

The seller, John Sandberg, operated the business for 25 years and developed strong relationships with customers in the aerospace and defense industries. An existing Sandberg customer awarded a new $800,000 government contract to Unit as the first business development under the new ownership.

"We become attractive to aerospace," Codet said.

The Sandberg entities in Santa Ana occupy about 27,000 square feet and specialize in surface-mount-technology board assembly, wiring services and wire wrapping.

Transmex occupies about 35,000 square feet in Tijuana, has a 7,000-square-foot warehouse in San Diego and handles assemblies, subassemblies, harnesses and electrical tests with surface-mount and pin-through-hole technologies.

Codet and Sandberg completed their transaction Nov. 14. Terms were not disclosed.

In earlier Southern California deals, Codet acquired Unit Industries Inc. of Fullerton in May 2005, Superior Mold Co. of Ontario in September 2007 and Southern California Plastics Co. of Santa Ana in August 2010. Those businesses use thermoset, thermoplastic and liquid-silicone-rubber injection molding processes and make molds.

Now, operations of Unit Industries Group employ 360, with medical accounting for about 35 percent of the business and aerospace/defense for 30 percent. Codet projects 2013 group sales of $23 million to $27 million.


Comments

Unit Industries diversifies by buying EMS Sandburg

By Roger Renstrom
Correspondent

Published: March 1, 2013 3:04 pm ET
Updated: March 1, 2013 3:10 pm ET

Post Your Comments


Back to story


More stories

Image

Reifenhäuser acquires German spinneret company Enka Tecnica

April 17, 2015 9:31 am ET

Germany-based Reifenhäuser GmbH & Co. KG, a major manufacturer of extrusion equipment, has announced that it is acquiring Enka Tecnica GmbH, a German ...    More

Image

Spain's Grupo Antolin to buy Magna's interiors business

April 16, 2015 12:33 pm ET

Spain's Grupo Antolin has reached an agreement to purchase Canadian auto supply giant Magna International Inc.'s interiors unit in a deal valued at...    More

Image

Madison buys Ferry Industries

April 16, 2015 5:22 pm ET

Ferry Industries, the largest manufacturer of rotational molding machinery, was purchased by Madison Industries, a Chicago holding company that is...    More

Image

Caplugs gets new private equity owner

April 16, 2015 11:17 am ET

Caplugs, a major producer of caps, plugs, tubing, netting and other protective goods for industry, has a new owner.    More

Image

A. Schulman, Citadel discuss the $800 million deal

April 15, 2015 1:45 pm ET

The $800 million match of materials maker A. Schulman Inc. and Citadel Plastics felt good from the start. “Everything in our first meetings show...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events