The deal expands the company’s footprint in the life sciences sector and its geographical reach in the eastern and western parts of North America.

Located in Rancho Cucamonga, CA, Pyramid manufactures precision multi-cavity plastic injection molding tools with an emphasis on the life sciences industry. Founded in 1995, Pyramid specializes in tight-tolerance, high-cavitation molds and complex multi-shot, stack, liquid silicone rubber, and proof-of-concept prototype tools.

Venture Plastics, a full-service, ISO/IATF 16949 certified custom thermoplastic injection moulder, has announced John Olley has joined the commercial team as director of new business development for both the Newton Falls, Ohio and El Paso, Texas operations.

The acquisition expands SyBridge's capabilities to offer complex precision tooling products for the life sciences and other target industries. As a part of a larger organization, Pyramid will leverage SyBridge’s design, engineering, supply chain, and production capabilities to better serve and grow with its customers.

Venture Plastics serves a wide range of key markets from both of its facilities, including Transportation, Agriculture, Appliance, Consumer, Power Back Up, Fuel Delivery, Telecommunications, Rail, Food Preparation, Point of Purchase, and Medical. The company has been a “Best in Class” supplier of custom injection moulding services since 1969, and its commitment to quality and innovation remains unwavering.

"Pyramid is a terrific company and represents a significant step in SyBridge's journey to build a leading franchise in life sciences manufacturing solutions," said Tony Nardone, CEO of SyBridge. "With this acquisition, SyBridge’s Life Sciences Business Unit now has a strong presence on both the eastern and western parts of North America to better serve our customers. Going forward, our strategy will be to continue to grow our life sciences customer base through organic growth and selective acquisitions to expand SyBridge’s capabilities and geographies."

Global industrial technology company SyBridge Technologies announced today that it has completed the acquisition of Pyramid Mold and Tool, further expanding its footprint in the life sciences end markets. New York–based private equity firm Crestview Partners said in the news release that it established SyBridge in 2019 and committed $200 million of equity to create a market leading value-added manufacturing solutions provider spanning across end-markets, geographies, and advanced technologies. Pyramid is SyBridge’s fifth acquisition in the last 10 months.

John Olley brings a wealth of experience to Venture Plastics, having worked with leading automotive companies such as Ford, TI Fluid Systems, Hutchinson, and others. His impressive track record includes managing a Chrysler L.L.C. Business Unit, where to secure new business opportunities he led a team of 20 cross-functional employees, including engineering, program management, and design. John is highly skilled at fostering strong customer relationships and ensuring both internal and external satisfaction.

“We are thrilled to have John join our team,” said Alan Schultice, vice president of sales & marketing at Venture Plastics. “John’s exceptional ability to build trustful relationships with global key accounts and his experience in creating sustainable growth at senior levels align perfectly with our vision for expansion. We are confident that his contributions will be instrumental in driving our company’s continued success across diverse markets.”

With 82,000 sq. ft. in Newton Falls, Ohio, including 57,000 sq. ft. dedicated to moulding, engineering and sales offices and 25,000 sq. ft. for warehousing. The El Paso location consists of a 60,000 sq. ft. moulding operation and warehouse. Venture Plastics is well positioned to meet the growing demands of its customers.