ORLANDO, FLA. – Even when the economy was in a downturn there were sales of smaller molders and now, with business picking up, there is a lot more interest in the buying and selling of those molders, according to officials at Molding Business Services (Booth 37023).
“Even in a down economy – in 2008, 2009 and 2010 we were closing sales. We have one closing next week…and we've had four deals in the last five months,” said Terry Minnick, president of Molding Business Services during an NPE interview.
Minnick, his son Joel and Andrew Munson take part in the Florence, Mass.-based business that specializes in advising smaller processors about mergers and acquisitions. They also do executive placements.