Global holding company Westfall Technik Inc. has acquired Mold Hotrunner Solutions Inc., which makes hot runners and injection presses for micromolding.
Westfall announced the deal for the Georgetown, Ontario-based MHS on Dec. 20. Terms were not disclosed.
Harald Schmidt founded MHS in 2002 with the goal of simplifying and improving valve gate hot runner technology. Schmidt will remain with the company, Westfall Managing Director Rick Shaffer said.
MHS introduced its M3 micromolding machine at K 2013 in Germany, and showed the next-generation micromolder at NPE2018 this year. MHS officials said the M3 is the only dedicated micromolding machine capable of producing micro, direct-gated plastic parts on a large scale. The direct gating means no wasted cold runners of the micromolding resins, which often are very expensive. For tiny parts, the weight of the runner can be more than the actual part.