Apothecary Products Finalizes Acquisition of Injection Molding Solutions
Photo: Dale Doriott and Wade Wasvick, former owners of Injection Molding Solutions
Leading Consumer Health Products Company Expands US Based Manufacturing Capabilities
MINNEAPOLIS, October 30, 2020 – Apothecary Products, LLC, a leading innovator, manufacturer and distributor of consumer healthcare products and pharmacy supplies, has announced the acquisition of Injection Molding Solutions. Injection Molding Solutions delivers custom plastic injection molding, part design services and tools design for a wide range of customers and industries. Injection Molding Solutions will operate as a wholly owned subsidiary of Apothecary Products. There will be no significant changes to day-to-day business operations for the foreseeable future.
Nathan Hanson, President and CEO of Apothecary Products, stated, “We are very excited to add the manufacturing, engineering and design capability of Injection Molding Solutions to Apothecary Products global supply chain. I would like to personally thank Dale Doriott and Wade Wasvick, former owners of Injection Molding Solutions, for their leadership and vision in building a great company with a strong organization we are excited to have as part of Apothecary Products. This acquisition provides Apothecary Products enhanced innovation capability, improved quality and shorter lead times to better service our current customers while adding incremental new customers and product revenue streams. Additionally, with Injection Molding Solutions strong domestic supplier base, innovation and design expertise, and expandable manufacturing capacity coupled with Apothecary Products growth trajectory, we are very proud to be bringing jobs back to the United States and in particular, to Siren, Wisconsin. Bringing our two companies together, will ultimately benefit our customers, suppliers and the entire Apothecary Products and Injection Molding Solutions team members and their families.” Dale and Wade will continue to be an integral part of the new organization.
“Wade and I are excited about this new chapter for Injection Molding Solutions,” stated Dale Doriott. “Our best in class injection molding expertise and manufacturing capabilities will better enable Apothecary Products to deliver high quality ‘Made in the USA’ consumer preferred products with improved speed to market. We searched a long time to find a business partner that shared our vision and, more importantly, our values for the future of Injection Molding Solutions in Siren, Wisconsin, and Apothecary Products aligned perfectly with this goal. The union of our organizations provide a strong platform for future growth and new opportunities for both businesses.”
About Injection Molding Solutions
Injection Molding Solutions delivers custom plastic injection molding, parts design services and tools design for a wide range of customer and industries including consumer medical, sporting goods and government. Opened in 2004 by journeymen mold makers Wade Wasvick and Dale Doriott in Siren, Wisconsin, IS0 9001 certified Injection Molding Solutions has state of the art plastic injection manufacturing capabilities including in-house tooling, 15 ton to 850 ton press abilities and offer plastic molding services including micro, insert and lost core. Visit www.imolding.com to learn more.
About Apothecary Products:
Apothecary Products is a category innovator offering both branded and private label solutions to customers that include most US retailers (food, drug, mass, club), independent pharmacies, wholesalers and a growing e-commerce marketplace. Apothecary Products’ brands Ezy Dose®, Flents® and bamboobies® are market leaders in their respective categories.Apothecary Products is headquartered in Burnsville, Minnesota, and backed by Norwest Equity Partners, a Minneapolis based mid-market private equity firm. Apothecary Products is IS0 13485 certified with numerous strategic manufacturing partners in the U.S. and internationally. Visit www.apothecaryproducts.com to learn more.