The Hayward Gordon Group has bought Scott Turbon Mixer Inc, an Adelanto, Calif.-based provider of steel mixers and mixing systems for applications in food, pharmaceutical, cosmetic, chemical and other industries. No financial terms were released. Hayward Gordon, a maker of mixers, pumps and engineered systems for fluid handling applications, said the deal gives it “a more complete product offering” that will further its expansion in the United States. The Toronto-based company, which late last year acquired Sharpe Mixers Inc, has been a portfolio investment of U.S. private equity firm Element Partners since September 2013.
Scott Turbon Mixer Joins Forces with the Hayward Gordon Group
TORONTO, Dec. 2, 2015 /PRNewswire/ — The Hayward Gordon Group is pleased to announce that it has combined with Scott Turbon Mixer. This follows Hayward Gordon’s earlier acquisition of Sharpe Mixers in December 2014 and further strengthens and expands our offerings and technical capabilities within the sanitary markets. As part of the transaction, Bill Scott of Scott Turbon Mixer will join Hayward Gordon’s senior management team and remain active in growing the business.
Based in Adelanto, California, Scott Turbon has a 35 year track record of providing efficient and technically sophisticated high shear stainless steel mixers and mixing systems for demanding applications in: pharmaceutical, chemical, food processing, beverage, diary, cosmetic and personal care markets. Hayward Gordon intends to make significant investments in the operations of Scott Turbon Mixer’s Adelanto factory and design center in order to expand its capacity and better serve customers with sanitary applications. Bill Scott commented on the transaction, “We are proud of our heritage at Scott Turbon Mixer and we are excited about the next chapter in our evolution. This partnership brings better distribution for our world class mixer products, and will help us to expand our Representative network to better serve the varied needs of our customers.”
Commenting on the acquisition of Scott Turbon Mixer, both John Hayward, EVP of Hayward Gordon and Ed Rogers, VP/GM of Sharpe Mixers stated, “The fit between the businesses is strong from both a product and market standpoint. Scott Turbon Mixer extends our range of mixers into high shear and high viscosity applications furthering our expansion in the US sanitary, pharmaceutical, chemical, and industrial markets, with a more complete product offering.”
Bill Dube, CEO of Hayward Gordon, added “We are delighted with the excellent synergies that will result from the combined entity. The product fit between Hayward Gordon, Scott Turbon Mixer and Sharpe Mixers is highly complementary and allows us to offer a broad range of mixers from 1/3 HP to 500 HP, making us a leader in mixing technology across a wide range of demanding applications. In addition, we believe we will be able to better serve and support our collective customers’ needs through our continued investment in people and operational systems across the three businesses.”
Hayward Gordon, headquartered in Toronto, Ontario, Canada, designs, manufactures and distributes mixers, pumps, and engineered systems for challenging fluid handling applications in a range of industries including: industrial, chemical, mining and mineral processing, oil and gas, and water and wastewater treatment. A controlling interest in Hayward Gordon was acquired by Element Partners in 2013, and serves as the platform for acquiring of pump and mixer manufacturers focused on sanitary and industrial process and other demanding fluid handling applications. Hayward Gordon was represented in this transaction by England & Company. The Royal Bank of Canada provided a credit facility to support the transaction.
For more information about Hayward Gordon, visit www.haywardgordon.com. For more information on Scott Turbon Mixer, visit http://www.scottmixer.com.
Photo courtesy of Scott Turbon Mixer Inc