Industrial Services Add-on Acquisitions in 2012
Acquisition Volume in Industrial Services Add-on in 2012 by Year
Last 5 years
Actual
Full-year estimate
-
December 3, 2012
- Buyer
- Pro Mach, Inc.
- Target
- KLEENLine Corporation
- Industry
- Industrial Services
- Location
- Massachusetts, United States
- Type
- Addon
ProMach, a provider of integrated packaging and processing solutions, has acquired KLEENLine Corporation, a Newburyport, Massachusetts-based designer and manufacturer of sanitary product handling equipment, robotics, vision systems, and systems engineering services. KLEENLine's team — including founder Jim Laverdiere — will remain with ProMach and operate out of the Newburyport facility as part of ProMach's Material Handling Business Unit to expand ProMach's sanitary production and material-handling capabilities.
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