Austrian Isosport acquires Polish plastics specialist Novo Tech from Polish Avallon MBO Fund

  • Integration of 145 employees in three locations into the Isosport Group
  • Strengthened market position and product portfolio

Eisenstadt, 01.07. 2022 – Isosport specializes in individualized and innovative plastics solutions. The company is headquartered in Eisenstadt, Austria where it also operates a production site. A second production site is located in Slovenske Konjice, Slovenia. Isosport is the world market leader in the field of plastic composite materials for the ski and snowboard industry and a reliable quality supplier of high-performance products in various industries from environmental, construction to automotive. With effect from 30 June 2022, Isosport acquired the Polish Novo Tech Group with three locations in Poland, Romania and Belgium and a total of 145 employees from Avallon MBO Fund II. Isosport is thus strengthening its leading role as a market leader and industry specialist. The parties have agreed not to disclose the purchase price.

Novo Tech is a leading manufacturer of high-quality plastic products, which are applied in many different industries. The company’s products range from spray suppression flaps for commercial vehicles, entrance and door mats, artificial surfaces such as grass and snow for the sports industry to matting for poultry breeding. The production sites are located in Poland and Romania with an additional sales location in Belgium.

“Our growth strategy focuses on diversifying our business and on finding and successfully occupying niche markets. Our innovative solutions are tailored to the individual needs of our customers. With the acquisition of Novo Tech, we are further expanding our portfolio and tapping into new markets”, says Karl Mad, Managing Director of Isosport. Together with our now 750 employees, we will be in a position to offer our customers an even greater product variety.

About Novo Tech Group

Novo Tech is a leading manufacturer of high-quality plastic products. The group operates two manufacturing plants under separate legal entities: Novo Tech Sp. z o.o. located in Kostrzyn nad Odrą, Poland and Grass Tech S.R.L. located in Oradea, Romania. The group’s sales team based in Louvain-La-Neuve, Belgium supports the productions plants in terms of their sales know-how.

About Isosport

Isosport is the world market leader in the field of plastic composite materials for the ski and snowboard industry and reliable quality supplier of high-performance films, sandwich panels, fiber composites, and tennis strings. Its subsidiary ISOKON in Slovenia is specialized in the production of extruded and pressed thermoplastic materials for various industries, such as the food industry, automotive industry and mechanical engineering. The company’s 600 skilled employees bring their wealth of experience gained in the ski industry to exceed customer expectations and to develop new markets. As part of the privately managed, international industrial corporation, Constantia Industries AG, Isosport’s products are distributed all over the world.

About Avallon MBO Fund

Avallon MBO is an experienced and trusted investor in the management buyout field. For 25 years, it has been carrying out investments in Poland and CEE together with managers. It has participated in over one hundred transactions, and the total value of funds it has raised for investment purposes is over EUR 300 million. Avallon’s portfolio includes six other firms: Hortimex, Clovin, Norlys, Globema (AVALLON MBO Fund III) and Wosana, EDC Expert, Marketplanet (Avallon MBO Fund II). For more information, please visit: www.avallon.pl/en/