Rotovia hf. acquires leading Mexican rotomoulding company Ollin Plastics.
Rotovia hf. acquires leading Mexican rotomoulding company Ollin Plastics to expand North American presence. Strategic acquisition enhances service capabilities for American customers and aligns with Rotovia’s growth strategy.
Rotovia, the global leader in sustainable rotomoulding solutions, has acquired Ollin Plastics, a premier rotomoulding company in Mexico. This acquisition marks a significant milestone in Rotovia’s strategic growth plan, enhancing its ability to serve international customers across North America and supporting the company’s long-term vision for 2028.
Based in Monterrey, Mexico, Ollin Plastics specializes in custom manufacturing of high-quality rotomolded products. With advanced technology and a commitment to quality, Ollin Plastics offers design support, complex assembly, and foaming services. The passion and professionalism of the Ollin team is evident in everything they do.
This acquisition allows Rotovia to leverage the strengths of Ollin Plastics, driving innovation and growth in the industry. «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.
Carlos De Santiago, plant manager of Ollin Plastics, expressed excitement about the partnership: «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.»
Rotovia is known for its brands Sæplast, Tempra, iTUB and VARIBOX, and custom rotomolded products in renewable energy, leisure, construction, agriculture, and vehicles. Rotovia operates globally with 11 factories in 8 countries and approximately 850 employees. Headquarters are in Dalvík, Iceland