M&A Deal Summary

Flow Dry Technology Acquires Aridien Manufacturing

On May 11, 2009, Flow Dry Technology acquired packaging company Aridien Manufacturing

Acquisition Highlights
  • This is Flow Dry Technology’s 1st transaction in the Packaging sector.
  • This is Flow Dry Technology’s 1st transaction in the United States.

M&A Deal Summary

Date 2009-05-11
Target Aridien Manufacturing
Sector Packaging
Buyer(s) Flow Dry Technology
Deal Type Add-on Acquisition

Target

Aridien Manufacturing

Belen, United States
Aridien Manufacturing, Inc. manufactures desiccant packet and bags.

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Buyer(S) 1

Buyer

Flow Dry Technology

Brookville, Ohio, United States

Category Company
Founded 1946
Sector Manufacturing
DESCRIPTION

Flow Dry Technology is a designer and manufacturer of highly innovative, integrated solutions for the automotive, industrial, and healthcare industries. Flow Dry’s products include desiccant bags, value-added assemblies, and other sealant solutions to protect valuable systems from costly moisture damage. Flow Dry Technology was founded in 1946 and is based in Brookville, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Packaging M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1