Nolato divests its Romanian operations

Summary by AI ^BETAClose X

Nolato has announced the divestment of Nolato Romania, a business with annual sales exceeding SEK 60 million and profitability below the group average, which has operated under Nolato's Hungarian activities since 2010. This strategic move, aimed at focusing on core operations, involves a transaction expected to conclude in the fourth quarter of 2026, pending regulatory approval. The Romanian entity, specializing in high-volume injection molding with approximately 45 employees, is part of the Engineered Solutions business area.

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Nolato has decided to divest Nolato Romania, which has annual sales of just over SEK 60 million and below profitability of the Nolato Group. The business, which has operated under Nolato’s Hungarian activities, was founded in 2010 with the aim of strengthening the Group’s production capacity in Eastern Europe. The transaction, requires the approval of domestic authorities and is expected to be completed in the fourth quarter of 2026.

“Today, components and products are mainly manufactured in our Romanian operations that are outside of our primary focus and overall strategy. After a structured process, we have now found a buyer that is a good match, which can develop the operations further and also offer us a competitive purchase price,” comments Nolato’s President and CEO Christer Wahlquist.

Nolato Romania, which offers high-volume injection molding, has around 45 employees and is part of the Engineered Solutions business area.