Minnesota Rubber & Plastics acquired by investment firm

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Wednesday, September 19, 2012

  K' k1 |: H# \' O/ hMinneapolis, MN - Norwest Equity Partners a leading middle market investment firm, has acquired Quadion Corporation, d.b.a. Minnesota Rubber & Plastics, an international, full-service provider of high-value rubber and plastic molded components and assembly solutions. For nearly 70 years, MR&P has built a global reputation for its ability to design, develop, compound and engineer materials, components and assemblies for technically demanding applications. MR&P serves diverse end markets which include medical, automotive, plumbing, industrial, off-road, distribution, food and beverage, and fluid management. At the close of the transaction, John Hale assumed the role of MR&P’s chairman of the board.