Nolato’s mission, vision and strategy

Nolato is a global, innovative partner in the design and manufacture of polymer products and systems. Building on decades of experience and in-depth technical know-how, we offer leading customers close, long-term cooperation, with an emphasis on a circular economy and sustainability.

We create added value for customers, shareholders and employees through detailed knowledge of each customer’s requirements, early involvement in their projects, advanced project management and highly efficient production.

Our business model

Nolato’s business model is based on two decentralized business areas, with their own decision-making and group-wide aims to achieve the vision, financial targets and sustainability goals that are set. This creates secure jobs for employees and generates value for shareholders.

Extensive experience and wide-ranging expertise allow us to develop close, long-term and innovative cooperation with customers.

Added value is created for both customers and owners through progressive, leading technology, extensive expertise in development and design, advanced project management, and highly efficient production.

Nolato’s group-wide core values inform all aspects of our business.

Our revenue model

Nolato’s revenue is mainly generated from customer production assignments. Manufacturing and supply of products take place in accordance with customer orders and other preferences, and are then billed. Manufacturing is based on short production and turnaround times, resulting in low risk exposure for warehousing and obsolescence.

An important part of value creation for customers and owners is the ability to provide in-depth expertise in leading technologies, sustainable solutions, design and advanced project management at an early stage of product development.

Nolato aims to be the customer’s first choice of innovative partner in sustainable design and production.

Being the customer’s first choice means being repeatedly chosen as a partner for a customer’s most important projects. Nolato should be viewed as a reliable partner that combines expertise and experience with an innovative approach, takes responsibility and actively contributes to sustainable development, and puts the customer’s specific needs front and center.

The key factors in achieving this vision are:

Long-term customer relationships

Long-term, close cooperation is the objective for all Nolato’s customer relationships. In-depth understanding and knowledge of customer processes and needs, com­bined with continuity that creates experience, help generate key value.

Broad customer offering  

Customers are increasingly prioritizing suppliers with the global resources and expertise to be involved from concept to delivery. That’s why Nolato’s global organization and broad customer offering comprises everything from concept development, product ­design, procurement of products and services, and process optimization to high-­volume production, post-processing, assembly and logistics. And there is an emphasis on sustainable development throughout all stages of the process.

Expertise

Our customers constantly challenge us with new requests and tougher require­ments. We enhance our customer offering by continually raising employees’ skill levels and investing in cutting-edge technologies and acquisitions. Synergies between business areas increase value for Nolato customers and are achieved through a ‘One Nolato’ approach.

Local yet global presence

Proximity to customers and their markets is crucial. It’s about achieving the most efficient logistics possible, along with short lines of command and the ability to make quick decisions, close to our customers.

High productivity

High productivity and a continual focus on costs are key elements of our business. Lean manufacturing maximizes business benefits for both Nolato and its customers, while it also helps to streamline processes, optimize use of resources, cut lead times, and develop innovative and sustainable solutions.

Responsible business conduct

We have strong core values based on the view that responsible, efficient and profit­able business operations must be ethical and sustainable. Areas relating to ethics,
social responsibility, the environment, and health and safety are therefore an integral part of our business and key to defining ­Nolato’s corporate culture.

Sustainable procurement

Nolato’s supply chain is an extension of ­Nolato’s network and capabilities. Our strategic suppliers should strive to have a positive impact on people, society and business value, minimize their impact on the environment, and comply with Nolato’s Code of Conduct, as well as supporting other Nolato initiatives.

Solid finances

A strong financial position provides us with firm foundations and is essential for our business. Ensuring solid finances also makes Nolato a reliable supplier and partner for the long term over multiple business cycles.

The following overarching strategy remains in place to achieve growth targets:

Market positioning and progression along the value chain

Nolato aims to be a high-tech solutions provider with a global presence, with the objective of long-term growth and stable returns for shareholders.

World-class expertise and offering

We invest in highly skilled employees and the development of cutting-­edge technology, along with competitive lean manufacturing. This allows us to offer end-to-end solutions in which sustainability is a key element.

A decentralized organization that generates synergies 

A corporate culture based on a decentralized business model. This gives the business areas’ companies scope to develop and adapt their offerings based on the specific needs and demands of customers. The similarity of the technologies used by the three business areas generates synergies and cooperation that provide additional customer value.

Customer-oriented strategy provides the focus for organic growth

A customer-oriented strategy means Nolato looks for large customers in product areas with organic growth, providing opportunities to expand and develop alongside their market offerings.

Expansion on priority geographic markets 

Nolato’s expansion is achieved both by accompanying customers into new markets and by acquiring companies with a corporate culture that matches Nolato’s and that complements the existing customer base, in addition to expertise that further broadens Nolato’s offering.