M&A Deal Summary

ProMach Acquires STOCK America

On June 24, 2019, ProMach acquired packaging company STOCK America

Acquisition Highlights
  • This is ProMach’s 3rd transaction in the Packaging sector.
  • This is ProMach’s 10th transaction in the United States.
  • This is ProMach’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2019-06-24
Target STOCK America
Sector Packaging
Buyer(s) ProMach
Deal Type Add-on Acquisition

Target

STOCK America

Garner, North Carolina, United States
STOCK America is a provider of integrated turnkey process sterilization solutions. STOCK can handle a broad range of container types including cans, glass jars, plastic bottles, pouches, and trays. Additionally, STOCK offers process validation and thermal process authority services, as well as in-house laboratory resources and testing services for customers needing to assess product quality with various types of sterilization technologies.

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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 13 of 30
Sector (Packaging) 3 of 10
Type (Add-on Acquisition) 13 of 30
State (North Carolina) 1 of 1
Country (United States) 10 of 21
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-17 FLtècnics S.L.

Girona, Spain

FLtècnics manufactures servo-controlled carrousel and walking-beam horizontal form-fill-seal machines capable of packaging 400 pouches per minute for the food, liquid, cosmetics, chemical, and pharmaceutical industries. Formats include flat pouches, stand up pouches, spouted pouches, zipper pouches, Velcro pouches, three side seal pouches, and more.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-17 Grip-Pak

Lake Forest, Illinois, United States

Grip-Pak is a provider of multipack handle solutions for beverage companies packaging their products in cans or bottles, as well as retailers and wholesale distributors looking to promote or repack their SKUs. Grip-Pak is based in Lake Forest, Illinois.

Buy -
Mergr

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