Baird Capital Partners Asia, the Greater China-focused investment group of Baird Private Equity, has invested in Boston Plastics (Shanghai) Pte. Ltd., a high precision plastic injection molding company.
“We are excited about the partnership with Boston Plastics,” said Huaming Gu, Partner, Baird Capital Partners Asia. “Our global experience and relationship network in the plastic injection mold industry are nice complements to the strong leadership skills of the Boston Plastics team.” Mr. Gu will join the Boston Plastics board of directors as part of this transaction.
Boston Plastics is a high precision plastic injection molding company and sub-assemblies company. The company manufactures products for the automotive, consumer electronics, imaging and industrial markets, serving an international customer base that is seeking to tap into the growing demands of the Chinese consumer. The company was founded in 2005 and is headquartered in Singapore with manufacturing facilities in the Chinese cities of Shanghai, Changchun and Taicang (www.boston-plastics.com).
“We look forward to leveraging Baird’s expertise through this partnership,” said Eddie Chia Eng Kay, General Manager of Boston Plastics. “Their global relationships, operating resources and plastics industry experience will enable us to accelerate company growth and further expand our business.”
Baird Capital Partners Asia provides growth equity capital to smaller, high-potential companies in China or with substantial operations and growth opportunities in China. Sectors of interest include manufacturing, business services and healthcare. The group has offices in Shanghai and Hong Kong (www.bairdcapitalpartnersasia.com).
© 2012 PEPD • Private Equity’s Leading News Magazine • 12-19-12