Woodbridge International Closes Sale of GEPPERT-Band to Dorner
(Thomson Reuters ONE) -
NEW HAVEN, Conn., May 20, 2016 (GLOBE NEWSWIRE) -- Woodbridge International, a
global mergers and acquisitions firm, is pleased to announce the sale of its
client, Germany-based GEPPERT-Band GmbH ("the Company") to Dorner Manufacturing
Corporation.
GEPPERT-Band, headquartered in Jülich, Germany, designs, manufactures and sells
branded belt conveyors made from aluminum, steel and stainless steel for indoor
applications. The Company's conveyor belts are at work in hundreds of the
world's largest companies. Products are used in industries such as food
processing and packaging, automotive, metal-working, chemical and
pharmaceutical. Customers are primarily in Germany and in other European
markets.
Dorner is a leading Wisconsin-based designer and manufacturer of unit handling
conveyor systems and component parts used in automation applications for
industrial, packaging, food, medical and pharmaceutical end-markets. Dorner
maintains an installed base of over 50,000 conveyors and serves over 4,000
customers annually.
By acquiring GEPPERT-Band, Dorner is advancing its global growth strategy with a
strong platform in Europe.
"Woodbridge delivered on their promise to run an efficient global auction
process and I am very pleased with the results," said Thomas Blesinger, Managing
Director of GEPPERT-Band.
Headquartered in New Haven, CT, Woodbridge International, a global M&A firm, was
founded in 1993 and has 12 offices in the U.S. and 22 offices abroad.
Contact:
Larry Reinharz, Managing Director
Phone: (203) 389-8400 Ext. 209
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Woodbridge International via GlobeNewswire
[HUG#2014265]
Unternehmensinformation / Kurzprofil:
Datum: 20.05.2016 - 15:29 Uhr
Sprache: Deutsch
News-ID 472610
Anzahl Zeichen: 2313
contact information:
Town:
Almelo
Kategorie:
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