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Hoffmann Family Purchases Viking Plastics, a Leader in Plastic Injection Molding Components

August 2, 2024

Corry, PA (Aug 2, 2024)—The Hoffmann Family of Companies (HF Companies) announced today the acquisition of Viking Plastics, a premier manufacturer of advanced plastic components. Viking Plastics specializes in proprietary and custom injection molded parts and assemblies for demanding applications across the automotive, HVAC and general industrial markets. Their esteemed clientele includes Ford, General Motors, Rheem, Saft and more.

Viking Operates U.S. Manufacturing Facilities in Kentucky, Indiana and Corry, Pennsylvania, with Corry Serving as its Global
Headquarters

Since 1972, Viking Plastics has thrived by creating innovative, cost-effective solutions for complex engineering challenges. With extensive expertise in custom molding, the company operates over 50 injection molding machines and multiple automated assembly cells across its U.S. manufacturing facilities in Kentucky, Indiana and Pennsylvania. From its headquarters in Corry, Pennsylvania, Viking Plastics serves a broad customer base across North America and international markets, extending from Central Europe to the Far East.

Geoff Hoffmann, Co-CEO of HF Companies, remarked, "Viking Plastics has laid the groundwork essential for expansion, supported by its robust team, advanced manufacturing capabilities and distinctive commitment to culture. We are excited to enhance our investment in the U.S. manufacturing sector with such a transformative organization."

The acquisition of Viking Plastics strengthens HF Companies' impressive portfolio, which encompasses a diverse array of manufacturing businesses across Canada, China, Florida, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Tennessee, Texas and Wisconsin. HF Companies are particularly excited about Viking Plastics' advanced automation capabilities and its ability to rapidly produce high-quality products, driving efficiency and margin expansion.

"We are excited to join HF Companies,” said Kelly Goodsel, President and CEO, of Viking Plastics. "This acquisition positions us for the next phase of our growth, and we eagerly anticipate both continued success and strengthening relationships with our exceptional clients."

About Hoffmann Family of Companies
Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 110 global brands, and employs 11,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial,
Manufacturing, Marine, Media & Marketing, Real Estate, and Transportation.

About Viking Plastics
Founded in 1972, Viking Plastics is a leading innovator in custom plastic injection molding solutions, specializing in the development and production of high-quality sealing closures for automotive and HVAC applications. With over 50 injection molding machines and advanced automated assembly cells operating globally, Viking Plastics delivers cutting-edge, cost-effective solutions to a diverse clientele across North America and international markets, including Central Europe and the Far East. Headquartered in Corry, Pennsylvania, and with additional U.S. manufacturing facilities in Kentucky and Indiana, Viking Plastics is committed to excellence in engineering and manufacturing, continually advancing the industry with its proprietary technologies and customer-focused approach. For more information, visit: www.vikingplastics.com.

Media Contact
Jessica Carruth
Director, Communications & PR
[email protected]

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