Warburg Pincus-backed Duravant buys Wulftec International

Duravant LLC has acquired Wulftec International Inc, an Ayer’s Cliff, Quebec-based maker of customizable automation solutions for end-of-line packaging applications.

No financial terms were disclosed.

The seller was M.J. Maillis Group, a Luxembourg-based packaging solutions provider backed by U.S. private equity firm HIG Capital.

Duravant, a Downers Grove, Illinois-based engineered equipment company, said the transaction expands its end-of-line packaging automation portfolio.

Duravant was acquired last year by U.S. private equity firm Warburg Pincus.

PRESS RELEASE

Duravant Acquires Wulftec

DOWNERS GROVE, Ill. — Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today it has acquired Wulftec International, Inc. (“Wulftec”), the North American market leader and premier brand in fully and semi-automatic end-of-line stretch-wrapping equipment. The partnership bolsters Duravant’s end-of-line portfolio of packaging solutions and extends the company’s integration and automation capabilities.

For over 25 years, Wulftec International has designed, engineered and manufactured best-in-class stretch wrapping and strapping equipment in their state-of-the-art headquarters in Quebec, Canada. Wulftec’s highly-customized systems are tailored to each end user’s most critical operating constraints and application needs to deliver performance that increases throughput volumes, improves cycle times, and ensures the ultimate protection of packaged goods for distribution. Wulftec delivers packaging solutions to a wide array of end markets, including distribution & logistics, food & beverage, construction materials, consumer products, and more.

“We are very pleased to welcome the Wulftec team to the Duravant family,” said Mike Kachmer, CEO of Duravant. “Wulftec has successfully built long-standing relationships with blue-chip customers through their partnership-based approach with certified distributors, integrators and direct sales agents that deliver expert local support. The Wulftec name is synonymous with quality and innovation in the marketplace, and we look forward to continuing that tradition of excellence.”

Priscille Tremblay, Director of Sales at Wulftec, said, “We see tremendous opportunities to bring Wulftec to the next level; supported by a financially solid group who has visions and values that are in perfect alignment with ours. All of our partners and employees should be proud of what Wulftec is today and their contribution to this great success.”

Wulftec expertly addresses ever-changing end user demands with solutions that fit seamlessly at the end of highly customized packaging lines. With over 350 certified technicians in North America, Wulftec has a broad network of experts that specialize in delivering focused application-based technical support and service.

“Our partnership with Wulftec extends Duravant’s reach in the end-of-line packaging segment,” adds Mr. Kachmer. “We truly value Wulftec’s commitment to quality and unwavering dedication to servicing the customer which align with Duravant’s core values and operating principles.”

About Wulftec

WULFTEC® is a market-leading manufacturer of highly complex, fully customizable automation solutions for end-of-line packaging applications. Wulftec’s product portfolio includes semi-automatic and fully-automatic stretch wrappers, fully-automatic strapping machines and end-of-line system components that are designed for seamless process integration. Wulftec serves a diversified customer base across a variety of end markets including distribution & logistics, food and beverage, consumer goods, e-commerce, construction materials, manufacturing, packaging, and others. Founded in 1990, Wulftec is located in Ayer’s Cliff, Quebec. For more information, visit www.wulftec.com.

About Duravant

Headquartered in Downers Grove, IL, Duravant is a global engineered equipment company with manufacturing, sales and service facilities throughout North America, Europe and Asia. Through their portfolio of operating companies, Duravant delivers trusted end-to-end process solutions for customers and partners through engineering and integration expertise, project management and operational excellence. With worldwide sales distribution and service networks, they provide immediate and lifetime aftermarket support to all the markets they serve in the food processing, packaging and material handling sectors. Duravant’s market-leading brands are synonymous with innovation, durability and reliability. For more information, visit www.duravant.com.

Contacts

Duravant
Eleni Yianas
Vice President, Marketing
630.635.3914
eleni.yianas@duravant.com
www.duravant.com