RotoMetrics, a Eureka, Missouri-based global seller of rotary dies and other equipment, has acquired Gerhardt International of Herlev, Denmark. Gerhardt is a leading European manufacturer of flexible tooling and related accessories for the converting and printing industries.
RotoMetrics is a portfolio company of Morgenthaler Private Equity. Terms of the acquisition were not disclosed.
RotoMetrics, a Morgenthaler Private Equity portfolio company, has acquired Gerhardt International (“Gerhardt”) of Herlev, Denmark. Gerhardt is a leading European manufacturer of flexible tooling and related accessories for the converting and printing industries. The RotoMetrics/Gerhardt combination creates a supplier with unprecedented global reach and best-in-class technology to support customer tooling requirements.
Michael Bryant, CEO of RotoMetrics stated, “Our teams are excited about the opportunity before us to continue to develop our collective technology leadership in rotary converting solutions. The ability to draw on the resources of both companies gives us the ability to meet customer needs for short leadtime production and local service.”
John Lutsi, partner at Morgenthaler and chairman of RotoMetrics added, “We identified the acquisition of Gerhardt as a key component of our original value creation plan developed in 2008. The acquisition creates the leading global supplier of precision tooling solutions for tag, label and non-woven applications.”