Cincinnati-based Pro Mach, which is backed by middle-market private equity firm Odyssey Investment Partners, has acquired Shuttleworth, a manufacturer of conveyor automation and product-handling machinery. Terms of the deal were not released. Shuttleworth is based in Huntington, Indiana.
Pro Mach, Inc. announced today that it has acquired Shuttleworth, Inc., a leading global conveyor automation and product handling machinery manufacturer based in Huntington, Indiana. Shuttleworth, with facilities in Belgium and Malaysia, will become a division of Pro Mach’s End of Line Business Unit.
Shuttleworth, founded in 1962, provides conveying solutions for in-process manufacturing to customers that require gentle handling solutions that reduce product damage and increase productivity and efficiency. The company serves a number of market segments including food and bakery, healthcare, automotive components, electronics, paper handling, and energy. Shuttleworth is best known for its Slip Torque conveyor automation solutions and innovative devices. Since its founding, Shuttleworth has installed over 15,000 applications worldwide.
“We are pleased to welcome the Shuttleworth team to Pro Mach,” said Mark Anderson, Pro Mach President and CEO. “We look forward to serving their customers and continuing the Shuttleworth tradition of excellence. We intend to continue to produce the Shuttleworth conveyor systems in their facilities in Huntington, Indiana and Gent, Belgium and to enhance their outstanding reputation using proven Pro Mach methods.”
“I am confident that Pro Mach will continue the tradition of excellence that Shuttleworth has earned,” said Carol Shuttleworth, President and CEO of Shuttleworth, Inc. “I am excited that Shuttleworth is joining Pro Mach and its End of Line Unit and I am sure that Shuttleworth will enjoy many years of continued market growth with its new ownership.”
Breton Ranc, Chief Operating Officer at Shuttleworth, will join Pro Mach as Vice President and General Manager of the Shuttleworth division. He will report to Barry Heiser, President of Pro Mach’s End of Line Business Unit.
“The addition of Shuttleworth in the End of Line Unit allows us to offer our customers complete end of line solutions using proven conveyor applications,” said Mr. Heiser. “Pro Mach continues to grow its entire range of product offerings with its extensive portfolio of end of line brands.”
For more information on Shuttleworth, Inc., visit their website at www.shuttleworth.com.
About Pro Mach
Pro Mach is a leading provider of integrated packaging products and solutions for food, beverage, household goods, pharmaceutical, and other diverse consumer and industrial companies. Through three business units and related divisions, Pro Mach provides equipment, training, installation, and parts in primary packaging, end-of-line packaging, and identification and tracking.
Pro Mach has a diverse customer base, from Fortune 200 companies to smaller, privately-held businesses worldwide, which depend on reliable, flexible, technologically advanced packaging equipment and integrated solution sets. Pro Mach is headquartered in Cincinnati, Ohio with manufacturing facilities and offices throughout the United States and Canada.
Pro Mach is an Odyssey Investment Partners, LLC, portfolio company. Odyssey is a leading middle-market private equity fund with approximately $2.0 billion under management. Areas of investment focus for Odyssey include industrial, aerospace, business and financial services as well as route-based services.