Rotovia hf. a global leader in sustainable solutions based on rotational moulding technology, has announced the strategic acquisition of Mexican company Ollin Plastics. The acquisition represents an important step in Rotovia's growth plan, supporting its expansion into the North American market and strengthening its ability to serve international customers across this continent..
Ollin Plastics - an expert in the production of rotomoulded plastics
Headquartered in Monterrey, Mexico, Ollin Plastics specialises in the manufacture of high quality, custom rotomoulded products. It is distinguished by its advanced technology and extensive service offering, including design support, complete assembly and specialised foaming services.
"Acquiring the leading Mexican rotomolding company Ollin Plastics aligns perfectly with our strategic objectives and positions us to expand in North America", says Dadi Valdimarsson, CEO of Rotovia.
Synergy and new opportunities for customers
Rotovia's acquisition of Ollin Plastics gives the company the opportunity to leverage the unique strengths of both companies. Rotovia, known for brands such as Sæplast, Tempra, iTUB and Varibox, is developing its portfolio of rotationally moulded products that cover a wide range of industries - from renewable energy to leisure, construction, agriculture and the vehicle industry. With this transaction, Rotovia will strengthen its presence in North America, while enhancing its ability to serve international customers through a combination of expertise and resources.
"We are thrilled to become part of Rotovia and look forward to the growth opportunities this brings. Together, we can achieve great things and continue to deliver exceptional value to our customers," said Carlos De Santiago, Plant Manager at Ollin Plastics.
Rotovia - a global leader in rotational moulding technology
Rotovia has for years distinguished itself on the international market as a leader in the production and supply of sustainable rotational moulding solutions. The company operates from 11 factories located in 8 countries, employing around 850 people. Rotovia's head office is located in Dalvík, Iceland. With the acquisition of Ollin Plastics, the company continues to pursue its strategy to 2028, which is to expand into new markets and further develop its product offering.
The acquisition is an important step for Rotovia to strengthen its position in key markets and increase its production capacity in North America. With this transaction, the company is not only expanding its capabilities, but also enhancing its product offering while supporting long-term growth and sustainability.
The future of Rotovia and Ollin Plastics
Combining the strengths of Rotovia and Ollin Plastics opens up new prospects for growth and innovation for both companies. With a shared vision and commitment, Rotovia and Ollin Plastics plan to respond even better to the needs of the market and deliver rotomoulding solutions of the highest quality. Rotovia sees this acquisition as another step towards its mission of being a leader in innovative and environmentally friendly solutions in the rotational moulding industry.
For more information on Rotovia's business, please visit: www.rotovia.com and the company's channels:
Linkedin: https://www.linkedin.com/rotovia
YouTube: https://www.youtube.com/@rotovia-hf
