ProMach acquires American Holt and Pride Engineering from Arcline Investment

Packaging institution ProMach has purchased American Holt, DMA Solution, and Pride Engineering - collectively referred to arsenic AmHolt - from Arcline Investment Management.

Financial specifics of the woody stay undisclosed.

The deals grow ProMach's capabilities successful the user packaged goods sector.

American Holt and DMA Solution absorption connected the plan and accumulation of components utilized successful packaging for industries including beverages, food, protein, and location attraction products.

Pride Engineering manufactures specialised components for aluminium tin production.

With operations successful Massachusetts, Quebec, and Minnesota, AmHolt’s workforce volition beryllium integrated into ProMach’s Primary Packaging division.

Led by radical president Doug Stambaugh, this concern portion consists of 14 brands that proviso filling, capping, labelling, and merchandise handling systems to user goods manufacturers worldwide.

ProMach president and CEO Mark Anderson commented: “The AmHolt companies are good recognised for their prime plan and manufacture, arsenic good arsenic for their quality to spouse with consumer-packaged goods companies to amended ratio and uptime, and we are arrogant to invited their world-class products into our portfolio.

“This acquisition reinforces our committedness to providing a best-in-class, broad acquisition for our customers. The synergies with different ProMach companies are breathtaking for some our institution and our customers.”

Amholt's erstwhile CEO Cliff Gilbert volition instrumentality connected the presumption of elder vice president wrong ProMach’s Primary Packaging unit.

Gilbert said: “Joining ProMach is an breathtaking accidental that volition let america to proceed and grow our imaginativeness to beryllium a world-class solution provider.”

In caller years, ProMach has expanded with a bid of acquisitions.

Last month, it acquired DFT Technology, a institution specialising successful the thermal attraction of nutrient products.

In 2024, ProMach acquired Mexican pressure-sensitive and radio-frequency recognition (RFID) labels shaper Etiflex.

This followed the acquisitions of Italian flexible packaging machinery shaper Reepack successful 2022 and Serpa Packaging Solutions successful 2021.

"ProMach acquires American Holt and Pride Engineering from Arcline Investment" was primitively created and published by Packaging Gateway, a GlobalData owned brand.

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