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  6. ProMach Acquires KelCode Solutions

M&A Deal Summary

ProMach Acquires KelCode Solutions

On March 3, 2025, ProMach acquired business services company KelCode Solutions

Acquisition Highlights
  • This is ProMach’s 2nd transaction in the Business Services sector.
  • This is ProMach’s 22nd transaction in the United States.
  • This is ProMach’s 1st transaction in Ohio.

M&A Deal Summary
Date 2025-03-03
Target KelCode Solutions
Sector Business Services
Buyer(s) ProMach
Deal Type Add-on Acquisition

Target

KelCode Solutions

Cincinnati, Ohio, United States
KelCode Solutions provides a comprehensive range of industrial marking and coding solutions that support various industries, including food & beverage, consumer packaged goods, pharma/medical/nutraceutical, building products, and automotive, chemical, and industrial product manufacturers. The company’s extensive portfolio of products includes inkjet printers, thermal transfer printers, and laser marking systems, all of which are designed to meet the high demands of the industry and ensure traceability and compliance with industry regulations. KelCode Solutions was formed in 2007 and is based Cincinnati, Ohio.

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Buyer(S) 1

Buyer

ProMach

Covington, Kentucky, United States
Category Company
Founded 1998
Sector Packaging
Revenue 213M USD (2014)
DESCRIPTION

ProMach is a provider of complete packaging machinery solutions, engineering and integration services, and related aftermarket products and services. ProMach brands operate across the entire packaging spectrum: filling and capping, flexibles, pharma, product handling, labeling and coding, and end of line. ProMach also provides Performance Services including integrated solutions, design/build, engineering services, and productivity software to optimize packaging line design and deliver maximum uptime. ProMach was founded in 1998 and is based in Covington, Kentucky.

DEAL STATS #
Overall 31 of 31
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 31 of 31
State (Ohio) 1 of 1
Country (United States) 22 of 22
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-02 HMC Products

Caledonia, Illinois, United States

HMC Products is engaged in manufacturing, refurbishing, and servicing horizontal form fill seal (HFFS) machines. HMC Products was founded in 1979 and is based in Caledonia, Illinois.

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