BDT Capital Acquires Stake In ProMach
Board Converting NEWS INTERNET DIRECTORY
ProMach, a worldwide leader in processing and packag- ing machinery solutions, announced that funds managed by BDT Capital Partners, LLC (BDTCP) have entered into an agreement to acquire a significant stake in ProMach alongside Leonard Green & Partners, L.P. (LGP), the exist- ing majority owner. BDTCP is an affiliate of BDT & MSD Partners, a merchant bank built to serve the needs of busi- ness owners and strategic, long-term investors. As part of the agreement, LGP will invest new capital into the compa- ny. Financial terms were not disclosed. Founded in 1998, ProMach’s portfolio includes 46 pro- cessing and packaging solutions product brands serving manufacturers of all sizes, geographies, and industries. ProMach’s product brands manufacture, distribute, inte- grate, and support solutions across the entire production line in distinct areas including processing, filling, primary packaging, secondary packaging, labeling and coding, pharma, and systems integration. “We are extremely enthusiastic as we enter our next phase of growth with two exceptional partners in LGP and BDT Capital Partners that share our common vision,” said Mark Anderson, President and CEO of ProMach. “ProMach has grown tremendously due to the hard work and cre- ativity of our people that deliver innovative solutions to our customers every day across many different segments of the consumer products marketplace. Our outstanding management team appreciates the strong existing part- nership with LGP and looks forward to working with both them and the team at BDT Capital Partners as we continue our focus on growth and value creation for our customers across the globe.” “Personally, I’m so proud of all our employees and the hard work and effort they bring every day to strengthen ProMach’s reputation as a trusted partner to our custom- ers,” added Anderson. “We wouldn’t be where we are with- out their tremendous talent and energy, and we are very fortunate to have great teams at all our product brands that are passionate about our products, our customers, and collaborating with other ProMach product brands to deliver performance each and every time.” “Under Mark Anderson’s skilled leadership over the past 17 years, ProMach has established an exceptional track record of performance and solidified its position as a leader in the U.S. processing and packaging machinery market,” said Byron Trott, Chairman & Co-CEO, BDT & MSD Partners. “We believe ProMach is well positioned to capi- talize on secular industry tailwinds, including the transition to sustainable packaging and the accelerating adoption of automation technologies, and we look forward to support- ing the company’s continued expansion and success.” “We extend our sincere gratitude to the entire ProMach team for their outstanding work in building a world-class organization,” said Jon Sokoloff, Managing Partner of LGP.
CORRUGATED REPLACEMENTS, INC. www.corrugatedparts.com
Corrugated Replacements, Inc. is a production powerhouse that manufactures high quality machine parts and replace- ment parts for the corrugated and paperboard converting industries. CRI can redesign, engineer, and manufacture any part while providing a rapid turn-around rate, keeping machines running at their peak performance and limiting down time.
C.U.E., INC. www.AnvilCovers.com
Makers of single and dual-width Timesaver® Anvil Covers, the premier urethane anvil cover for corrugated die cutting. Timesaver® covers feature construction of solid steel back- ing and solid steel locking components to ensure a precise fit every time. C.U.E., Inc. also offers Dura-Latch and Cor- Lock anvil covers, and urethane Lead Edge Feed Wheels.
EMBA www.embausa.com
The EMBA group supports a complete line of corrugated converting machinery for the worldwide market. EMBA’s Quick Set technology enables the highest productivity across a broad range of converting equipment, from mini to super jumbo. EMBA also includes the McKinley jumbo line of flexo folder gluers and rotary die cutters as well as ser- vice, rebuilds and upgrades for both EMBA and McKinley.
EAGLEWOOD TECHNOLOGIES, LLC www.eaglewoodtech.com
Eaglewood Technologies offers trusted cleaning technolo- gies for the world’s best printers and converters. Solutions include the award winning Sitexco+ Anilox Laser System, the Nanovis Parts Washing System, the Sitexco L10 Label System, the innovative Sanilox™ System or Alphasonics solutions. We also offer Xpress™ mobile cleaning service at your facility or ours. ESKO www.esko.com ArtiosCAD and Kongsberg are the most trusted names in CAD/CAM solutions. Esko’s ArtiosCAD is the most widely used CAD software in the world. Esko’s Kongsberg series of tables brings you reliable, outstanding quality for sample- making and short run production.
DOMINO www.dominodigitalprinting.com
Domino is a leading manufacturer and distributor of digital printing and product identification solutions. Celebrating its 44th year, Domino is headquartered in the UK and North America headquarters are Illinois. Domino has 25 subsid- iaries, representation in over 120 countries, and over 2,900 employees worldwide .
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May 8, 2023
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