Pro Mach announces new ownership by affiliates of AEA Investors LP
Leading provider of integrated packaging, processing, and material handling solutions poised to accelerate global growth.
Pro Mach, Inc. (ProMachInc.com) announced today the completion of its acquisition by affiliates of AEA Investors LP (AEA) from The Jordan Company. Financial terms were not disclosed. Pro Mach’s management team and employees will continue to operate from their facilities in North America and Europe.
Pro Mach is a leading provider of packaging machinery and integrated systems, with more than 25 equipment brands sold throughout the world. Pro Mach provides automated solutions that drive efficiency and increase packaging line performance for diverse food, beverage, pharmaceutical, consumer goods, and industrial goods companies. It manufactures and integrates bottling and capping, primary packaging, flexible packaging, material handling, identification and tracking, and end of line packaging solutions.
“Our acquisition by AEA brings a strong partner for our vision to be the world’s premier provider of integrated packaging, material handling, and processing solutions,” says Mark Anderson, Pro Mach President and CEO. “AEA shares our vision and will provide significant support as we increase our capabilities and create new opportunities to better serve our customers throughout the world, building on the progress we made over the last three years with The Jordan Company.”
“Our management team and employees look forward to working with AEA to build on our success and create greater value for our customers and new investment partners,” adds Anderson.
Pro Mach’s brands include Allpax, Axon, Benchmark Automation, Brenton, Currie by Brenton, Dekka, Edson, Federal, Fowler, ID Technology, IPak, KLEENLine, Matrix, Orion, Ossid, Pace Packaging, Rennco, Roberts PolyPro, Shuttleworth, Tekkra, Wexxar/BEL, and Zalkin. Pro Mach’s Flexible Packaging Group also sells, integrates, and supports Toyo Jidoki, Inever, and FLtècnics brand equipment.
“Pro Mach and its brands have an excellent reputation for manufacturing exceptional products and delivering exemplary customer service,” says Tom Pryma, Partner, AEA. “We look forward to working with the management team to accelerate growth and build on their success as a valued partner for diverse consumer and industrial goods companies around the world.”