MCM Capital-backed AIM Processing acquires Retlaw Industries

AIM Processing, a custom injection molder owned by private equity firm MCM Capital Partners, has acquired Retlaw Industries, a Wisconsin-based plastic injection molder. TKO Miller served as exclusive investment banking adviser to Retlaw on the sale. Terms were not disclosed.

Retlaw makes high-precision molded components for automation, industrial manufacturing, outdoor power equipment and consumer applications, with in-house tooling, machining, design and engineering capabilities. AIM Processing focuses on small, highly engineered thermoplastic parts for medical devices, industrial, government, water treatment, veterinary and laboratory uses.

According to the announcement, the combination adds manufacturing capability to AIM Processing and widens its reach in automation, industrial and other markets. MCM Capital Partners targets lower middle market manufacturing, distribution and business services companies.