Avallon MBO has sold Novo Tech, a Polish polyethylene manufacturer, to Isosport Verbundbauteile GmbH, marking a strategic move into Poland for the Austrian company.

Target Information

Avallon MBO, a private equity fund, has successfully sold its complete stake in Novo Tech after seven years. Novo Tech is a Polish company that specializes in the production of high-quality polyethylene products for various sectors including automotive, industrial, agricultural, and household markets. The company has established itself as a prominent European player with a history spanning several decades. Its diverse sales reach over 50 countries across all continents, with an impressive 95% of its production dedicated to exports.

In recent years, Novo Tech has focused on enhancing its flagship solutions, leveraging continuous injection molding (CIM) technology, a unique aspect among Polish manufacturers. The company maintains a leadership position in the growing European market for splash mats under the Clear Pass brand, serving well-known clients such as Daimler, Scania, Paccar, and Schmitz. Additionally, Novo Tech is recognized as a leading producer of entrance mats for households and related industrial products marketed under the AstroTurf brand, which includes specialty products like artificial ski slopes and Formula 1 track edge mats.

Industry Overview

The polyethylene production industry in Poland has seen significant growth, driven by robust demand across various sectors. Given Poland's strategic position within the European Union, companies like Novo Tech are be