OTV Plast

What OTV Plast does

OTV Plast A/S is a Danish precision plastics contract manufacturer and sub-supplier founded in 1969 and headquartered in Vejen, Denmark. The company specializes in CNC chip-removing machining of technical plastics, producing custom components in small series and complex geometries, alongside a stocked portfolio of more than 3,000 semi-finished plastic plates, rods, and tubes spanning 14+ engineering polymers (including PA, POM, PEHD, PTFE, PEEK, PVC, PC, PP, PVDF). Production is supported by a modern machine park (MAZAK 5-axis mills and lathes, MAKA, CMS, and Chiron centers), Alphacam CAD/CAM systems that convert 3D files into ISO machine codes, and a 20–22°C controlled machining and inspection environment that ensures dimensional precision. Complementary technical processing services include hot-air and extrusion welding, gluing, and cold/hot bending.

The company's commercial model is B2B sales-led, with dedicated account managers covering Denmark/Sweden and Sweden, a named technical sales team, and an explicit focus on advisory engagement from specification through production. Revenue is generated from custom-made plastic components (the majority of sales), semi-finished product distribution with cut-to-size options and same-day delivery, and a growing layer of recurring package solutions and stock agreements. Pricing is unit-based with free delivery above DKK 9,000 within Denmark.

OTV Plast serves industrial manufacturers as its primary segment, with additional exposure to food (food-contact compliance under EC 1935/2004 and EU 10/2011), chemical, and machine-industry customers. The company is ISO 9001:2015 certified, REACH and RoHS2 compliant, registered with the Danish Food Administration, a member of Operation Clean Sweep, and holds a Bisnode AAA credit rating and a Danish Working Environment Authority green smiley. It is a subsidiary within the family-owned GENUA Group (Grunnet family), having become independent there in 2012 under CEO Henrik Jylov, and has roughly 11–50 employees.

Name

OTV Plast

Legal name

OTV Plast A/S

Website

https://otv.dk

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

11–50 employees

Short description

OTV Plast A/S is a Danish precision contract manufacturer producing custom CNC-machined technical plastic components, stocked semi-finished plastics, and package solutions for industrial, food, chemical, and machine-industry customers across the Nordics.

Ownership category

akta.pro rank

Headquarters

HQ city

Vejen

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Custom-made Plastic Components: The majority of sales are customer-specific plastic components manufactured through chip-removing machining. They master small series and complex plastic components.
2. Semi-finished Products (Halvfabrikata): Technical plastic in plates, rods, and tubes. Stock over 3,000 different plastic semi-finished products. Deliver from day to day with cut-to-size options. Revenue from sale of raw materials with machining value-add.
3. Package Solutions and Stock Agreements: Increasingly offering package solutions and inventory agreements with customers for ongoing supply relationships.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

OTV Plast is a Danish precision plastics manufacturer producing custom-machined plastic components and supplying technical semi-finished plastic materials. Operating as a specialized sub-supplier since 1969, the company uses modern CNC machining centers to manufacture complex, customer-specific plastic parts while also stocking over 3,000 semi-finished products (plates, rods, tubes) for same-day delivery.

Product overview

OTV Plast is a specialized precision plastic components manufacturer operating as a single unified offering with three integrated service pillars: (1) Spåntagende bearbejdning (CNC Machining) for milling and turning complex custom plastic parts on advanced machining centers including MAZAK 5-axis machines; (2) Teknisk bearbejdning (Technical Processing) covering welding, gluing, and bending operations; and (3) Halvfabrikata (Semi-finished Products) providing over 3,000 stocked technical plastic plates, rods, and tubes in 14+ material types (PEHD, PA, POM, PET/PETP, PETG, PVC, PMMA, PC, PP, PTFE, PEEK, PSU, PUR, PVDF). The company also offers custom packaging solutions and warehouse agreements, serving primarily industrial customers who require precision-machined plastic components with full documentation and traceability.

Differentiator

Problem solved

Functional benefit

Products and services

• CNC Machining Services (Spåntagende bearbejdning) CNC milling and turning services performed on advanced machining centers including MAZAK, MAKA, CMS, and Chiron equipment, enabling the production of complex custom plastic components with tight tolerances for industrial manufacturers.
• Technical Plastic Processing (Teknisk bearbejdning) Technical plastic processing including welding (hot air, extrusion), gluing, and bending (cold and hot bending) of plastic components while preserving material properties. Targeted at industrial manufacturers requiring secondary processing on plastic parts.
• Technical Plastic Semi-finished Products (Halvfabrikata) Stocked inventory of over 3,000 technical plastic semi-finished products including plates, rods, and tubes in various plastic materials (PEHD, PA, POM, PET/PETP, PETG, PVC, PMMA, PC, PP, PTFE, PEEK, PSU, PUR, PVDF). Delivered cut-to-size with same-day delivery from inventory.
• Custom Plastic Components Manufacturing Custom-manufactured precision plastic components tailored to customer specifications, produced through machining of semi-finished materials or direct production from customer drawings and 3D files for industrial manufacturers requiring complex plastic parts.
• Package Solutions and Stock Agreements Package solutions and stock/inventory agreements with customers for ongoing supply relationships of semi-finished and custom plastic components. Targeted at industrial manufacturers requiring recurring supply arrangements.

Quantifiable outcome

• Same-day delivery from inventory of 3000+ plastic semi-finished products
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Operation Clean SweepcoreStrategic or Co-development Partner · 1 January 2019International initiative to prevent plastic from entering the world's oceans. OTV committed to collecting plastic swarf in production and disposing of it environmentally correctly. Implemented action plan with chip collectors in sewers, upgraded dust extraction system, and incorporated fixed procedures in workflows.
• PRIMO GroupminorOthers · 1 January 2003OTV Plast became part of the PRIMO Group, the Nordic region's largest plastic producer, primarily extrusion of profiles. This was a significant ownership milestone before becoming part of GENUA Group.
• GENUA GroupcoreOthersOTV Plast is a member of the GENUA Group. The company became an independent firm within the Danish GENUA Group when both Primo and GENUA were owned by the Grunnet family. OTV remains part of the 'family' as a subsidiary under common ownership.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Ensinger: German-based global manufacturer of technical semi-finished plastics, finished parts, and machined components. Directly comparable to OTV Plast in serving industrial OEMs with precision machined plastic parts and a broad technical plastics portfolio, but operates at much larger scale with multi-region manufacturing footprint.
• Röchling Engineering Plastics: German industrial group producing semi-finished plastics, machined components, and finished parts for industrial customers worldwide. Directly comparable in offering custom plastic machining plus a stock semi-finished materials portfolio, but at significantly larger scale and with broader geographic coverage than OTV.
• Mitsubishi Chemical Advanced Materials (formerly Quadrant): Global manufacturer of high-performance engineering plastic shapes, stock shapes, and machined components for industrial applications. Comparable to OTV in precision plastic component manufacturing and technical plastics portfolio, but with global manufacturing footprint and stronger brand recognition in regulated industries.
• SIMONA AG: German manufacturer of semi-finished thermoplastics, sheets, rods, tubes, and finished plastic parts. Directly comparable to OTV's stock-products business (semi-finished plates, rods, tubes) and serves overlapping industrial customer segments in food, chemical, and machinery.

Direct peers

• Professional Plastics: US-based distributor and fabricator of plastic sheets, rods, tubes, and machined plastic components. Comparable to OTV's stock-and-machining model, serving industrial customers with cut-to-size and custom-machined plastic parts, though operating at larger scale across the North American market.
• Curbell Plastics: US-based plastics distributor offering semi-finished plastic products plus custom fabrication and machining services. Directly comparable to OTV's combined stock-and-machining offering for industrial customers, though focused on the North American market.
• Westlake Plastics Company: US custom-extrusion manufacturer producing specialized plastic stock shapes (plates, rods, tubes) in engineering and high-performance polymers. Comparable to OTV's semi-finished product portfolio and serves overlapping industrial customer segments in machinery, food, and chemical equipment.
• Boedeker Plastics: US-based distributor of engineering plastics with in-house CNC machining and cut-to-size services. Directly comparable to OTV's combined offering of stocked semi-finished plastics and custom-machined components for industrial customers.
• GEHR Plastics: German manufacturer of semi-finished engineering plastic stock shapes (rods, sheets, tubes, profiles) plus machined parts. Closely comparable to OTV's portfolio of technical plastics in stock form, with overlap in customer base across European industrial machinery and equipment builders.

Regional players

• Direct Plastics Ltd: UK-based distributor and CNC machining shop for engineering plastics, serving industrial customers across Britain and Ireland. Comparable to OTV's combined stock-products and custom-machining model for industrial OEMs, but with a UK/Irish geographic focus rather than Scandinavian.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OTV-Plast-AS-100068017583107
• LinkedInlinkedin.com/company/otv-plast

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OTV Plast