US/NETHERLANDS – Leading packaging company Duravant and US private equity firm Mill Rock have recently made acquisitions to expanded their product portfolios.
Duravant acquired Votech, a Netherland-based manufacturer of bag filling machines and palletising technology.
According to a statement from Duravant, Votech will join forces with Fischbein International – a Duravant operating company.
Votech will also collaborate with nVenia, Duravant’s US-based operating company serving customers across a wide array of industrial end markets and consumer packaged goods.
The acquisition will bring together Votech’s expertise in bag management and palletising, and Fischbein’s portfolio of bag sealing and sewing equipment, Duravant said.
“We’re thrilled to work closely with the Votech team to create a broader product offering for both companies’ customers,” said Olivier Hancotte, VP and general manager of Fischbein.
Hancotte added: “Fischbein and Votech equipment will both be available through the Fischbein global sales team.”
The partnership will combine the two engineered equipment manufacturers’ expertise and increase Duravant’s ability to serve customers in over 190 countries worldwide.
“We’re excited to be a part of the Duravant group of world-class brands and automation solutions,” said Rolf Michiels, director of project sales.
On his part, Pierre Dierckx, director of operations at Votech said: “The partnership opens the path for Votech’s geographic expansion and growth in Europe, the Middle East, Africa and North America.”
Mill Rock Packaging acquires All Packaging Company
Meanwhile, private investment firm Mill Rock Capital has made its entry into the food packaging industry by acquiring All Packaging Company, a manufacturer of custom paperboard packaging.
All Packaging runs two facilities in Utah and Colorado, and will continue to operate under the leadership of its president, Kenneth Pepper.
Following the acquisition, All Packaging will become a sister company to Trojan Lithograph Corporation, which Mill Rock Packaging purchased in August 2020.
The acquisition is set to increase the scale and scope of Mill Rock’s operations, which now comprise three converting facilities in western US.
The combined platform will “offer a more robust suite of products, services and fulfilment capabilities to new and existing customers,” a statement from Mill Rock Captial said.
Commenting on the acquisition, Mill Rock Packaging chairman Edward Rose said: “This combination creates a powerhouse in speciality paperboard packaging that represents a superior value proposition in the marketplace”.
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