- Business
- Nolato AB (publ) develops and manufactures customer-specific products and components in polymer materials including plastic, silicone and thermoplastic elastomers (TPE) for leading customers in medical technology, pharmaceuticals, diagnostics, consumer electronics, telecommunications, automotive, hygiene and other selected industrial sectors; core offerings encompass concept development, product design, process optimization, injection molding, micromolding, dip molding, cleanroom production, sub-assembly, advanced packaging under brands such as Cerbo and Jaycare, EMC and thermal solutions, as well as full value chain solutions from industrialization to high-volume production and logistics. The company operates through two business areas, Medical Solutions focusing on complex systems for medtech, pharma and diagnostics, and Engineered Solutions providing advanced components and subsystems for diverse industries. Founded in 1938 and headquartered in Torekov, Sweden, Nolato maintains a global presence with 27 manufacturing sites, four Technical Design Centers and approximately 5,800 employees across more than ten countries in Europe, Asia and North America, serving markets where sales are distributed primarily across the US (26%), rest of Europe (33%), Hungary (14%), Asia (11%), Sweden (12%) and other regions. In 2024, Nolato merged its former Integrated Solutions and Industrial Solutions business areas into the new Engineered Solutions unit to enhance global coordination and customer offerings, positioning it to account for nearly half of Group sales; the company also secured a major long-term cooperation agreement in April with an existing customer for pen injector components to treat obesity and diabetes, involving a SEK 600 million investment in expanded capacity at its Mosonmagyaróvár facility in Hungary with production ramping up by late 2025 to generate estimated annual sales of SEK 700 million at full scale; additionally, Nolato established science-based climate targets validated by the Science Based Targets initiative (SBTi), advanced materials growth in automotive and aviation alongside telecom recovery, and restructured Chinese operations in Dongguan for improved efficiency.