Tekplas Ltd

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Tekplas Ltd - overview

Established

1995

Location

-, -, New Zealand

Primary Industry

Materials

About

Tekplas Ltd, based in New Zealand, specializes in plastic engineering solutions, particularly through advanced molding techniques in a controlled environment, catering to various high-precision industries. Founded in 1995 in New Zealand, Tekplas Ltd is focused on delivering specialized plastic solutions. The company has maintained a consistent business strategy without any pivots and operates independently. Currently, there is no information available regarding the founder.


Tekplas has engaged in one significant deal, with the most recent transaction occurring on May 12, 2025, when Oriens Capital acquired Tekplas Ltd. Tekplas specializes in providing plastic engineering solutions through ISO Class 7 clean room plastic molding. Its core offerings include customized molding solutions for advanced technical industries such as food packaging, human health, and industrial applications. The company serves diverse clients, including food sector manufacturers and medical device companies, ensuring that its products meet strict quality and safety standards.


Tekplas markets its solutions beyond New Zealand, targeting clients in Australia, the Asia-Pacific region, and potentially other areas in need of high-quality plastic components. Tekplas operates a revenue model based on direct B2B transactions with clients in the food packaging and healthcare sectors. The company engages in custom contracts that outline product specifications, delivery schedules, and pricing structures tailored to the specific needs of each client. Tekplas employs a tiered pricing strategy based on order volume and the complexity of molding requirements.


Its flagship products include specialized molded containers and components crucial for safety and compliance in food and healthcare applications, which are sold directly to manufacturers and distributors within its core industries. As of May 2025, Tekplas Ltd plans to utilize the resources from its acquisition by Oriens Capital to expand its product offerings and market reach. The company is focused on designing new products tailored for advanced technical applications with anticipated launches coinciding with the expansion into new geographical markets, specifically targeting Australia and broader Asia-Pacific regions. These strategic initiatives aim to enhance Tekplas's market footprint and respond to the increasing demand for high-quality plastic components.


Current Investors

Oriens Capital

Primary Industry

Materials

Sub Industries

Rubber & Plastics

Website

www.tekplas.co.nz

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Tekplas Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedTekplas Ltd-

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