Merger • Machinery

Innoveyance Acquires Ohio Blow Pipe Co.

On September 21, 2018, Innoveyance acquired machinery company Ohio Blow Pipe Co.

Acquisition Context

This is Innoveyance’s 2nd transaction in the Machinery sector.
This is Innoveyance’s 2nd transaction in the United States.
This is Innoveyance’s 1st transaction in Ohio.

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M&A Deal Summary
Date	September 21, 2018
Target	Ohio Blow Pipe Co.
Sector	Machinery
Buyer(s)	Innoveyance
Deal Type	Merger

Target Company

Ohio Blow Pipe Co.

Cleveland, Ohio, United States

Ohio Blow Pipe Co. is a provider in the design, fabrication and installation of pneumatic material handling and dust & oil mist collection systems for a variety of industries including corrugated paper, folding box, and food & beverage can manufacturing among others. Ohio Blow Pipe Co. was founded in 1932 and is based in Cleveland, Ohio.

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Buyer Overview 1

Buyer

Innoveyance

Cleveland, Ohio, United States

Category	Company
Founded	2018
Sector	Machinery

DESCRIPTION

Innoveyance provides conveyor, scrap handling, and filtration systems for sophisticated industrial applications. The company sells roller and pneumatic solutions to blue-chip customers in corrugated paper, beverage cans, fulfillment centers, and other industrial applications. Innoveyance was formed in 2018 and is based in Cleveland, Ohio.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Machinery	2 of 2
Type: Merger	2 of 2
State: Ohio	1 of 1
Country: United States	2 of 2
Year: 2018	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2018-06-04	C&M Conveyor Bloomington, Indiana, United States C&M Conveyor is a manufacturer and supplier of material handling systems to the corrugated sheet and container industry. C&M Conveyor was founded in 1982 and is based in Bloomington, Indiana.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2018-06-04

C&M Conveyor

Bloomington, Indiana, United States

C&M Conveyor is a manufacturer and supplier of material handling systems to the corrugated sheet and container industry. C&M Conveyor was founded in 1982 and is based in Bloomington, Indiana.

Buy

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