New ownership for double impact
MOLDING BUSINESS SERVICES ACQUIRES GROS EXECUTIVE RECRUITERS
FLORENCE, MA, January 2018 – Molding Business Services of Florence, MA has acquired Gros Executive Recruiters of Franklin, Tennessee. Both firms provide recruiting and executive search services to the plastics industry.
Molding Business Services (MBS) was founded in 1998 and during those 20 years, its recruiting division has focused almost exclusively on the injection molding segment of the plastics industry.
Gros Executive Recruiters (Gros) was founded in 1989 and serves the packaging, plastics processing, and plastics machinery markets.
MBS brings a deeper injection molding network to Gros, while Gros provides MBS with penetration into the packaging and plastics machinery markets. Additionally, merging the two already extensive industry databases produces an unmatched network of talent that will benefit the combined firms’ clients. Together, MBS and Gros have recruiting staff located across the US – in Massachusetts, Illinois, Tennessee, Vermont and California.
MBS President Jonathan Soucy said, “The synergies between the two firms are numerous and our visions and goals couldn’t be better aligned. We are excited about enhancing our reach and capabilities for our clients, especially at a time when the demand for talented individuals in our industry has reached critical levels.”
Former Gros Executive Recruiters owner and industry veteran Dennis Gros has been appointed as President of the combined recruiting business. Dennis added, “The combination of MBS’s recruiting division and Gros Executive Recruiters is great news for hiring managers and for professionals who seek a career change. In combining our resources, we will offer new programs designed to energize hiring in the plastics industry. It’s the right time, and we have the right ideas. Stay tuned.”
The integration of the companies will involve a thoughtful transition over the upcoming year to provide a seamless experience for existing clients, while leveraging the advantages of the larger company.
Gros Executive Recruiters will become the sole recruiting brand of the combined entity and will operate as a Molding Business Services company. MBS is a professional services firm providing merger/acquisition advisory, recruiting and specialty consulting for injection molders, plastics processors, and other engineered component manufacturers throughout North America, Europe, and Asia.