When looking for process, product, and profit improvements for your PSA tapes and labels, consider going back to the drawing board.Read more
Music City plays host to converters attending the Flexographic Technical Assn.'s annual conference and exhibition.Read more
Folding carton and corrugated converters will find equipment displays and educational opportunities in die-cutting, foil stamping, embossing, and more.Read more
How well do you understand the relationship between your films and your corona treater?Read more
News | New Products
Bangkok is the locale for the 5th edition of the Packaging and Printing Exhibition for Asia, which will co-locate with T-PLAS 2015
NTG, with a history of promoting digital printing in Italy, will distribute SPGPrints’ DSI digital label press
VpCI-126 EM UV film provides high-tech corrosion protection from aggressive environments and UV exposure
With a number of co-located events and educational features, the show promises many offerings for those involved in processing and packaging
All operating units of the company are now branded under the Constantia Flexibles in an effort to present a consistent, clear image to the customer
Labels from around the world are honored in a competition the head judge calls “the Oscars of the global label industry”
The new survey points to confidence in?the foodservice packaging industry for 2015, and there is optimism despite economic and environmental challenges
Directories | Reports
PFFC brings you exclusive White Papers from our online sponsors.
Visit Kelly on Static from Static control expert Dr. Kelly Robinson, president of Electrostatic Answers; Kelly has 27+ years of experience in problem-solving and consulting.
Visit Tim's Web Lines to handle and wind your paper, film, foil, and similar products. Take advantage of Tim’s 25+ years just like over 100 converters have.
Visit Mark's Coating Matters from fluid coating expert Mark D. Miller; Process improvement and project management for precision roll-to-roll coating applications.
Visit Marketing Mojo for dynamic marketing insights from Stephanie Millman that inspire new ideas on how to stay on top of your customer’s mind.
Visit Yo’s Yarns to share the thoughts, impressions, experiences, and news that impact the converting industry. . . or anything else that happens to be on her mind!
Visit Tom's Poly Ploys, where Tom will be writing on various topics that the typical polymer processor would encounter on the job.
- December 30, 2010
CHIPPEWA FALLS, WI | Extrusion Dies Industries, LLC (EDI), a leading international supplier of flat extrusion and coating dies, announced its acquisition by Bertram Capital, a private equity firm based in San Mateo, CA. The parties did not disclose the terms of the transaction, which is expected to close on or around December 31, 2010.
Bertram Capital will assume ownership of EDI from a group headed by four investors who engineered a management buyout of the company in 2003. In 2008, three of the investors—Timothy C. Callahan, Christopher W. Curtin, and Ronald J. Kuhnen—assumed board member positions and turned over daily operations to an established management team headed by the fourth owner, John A. Ulcej. He will remain at EDI in a leadership position after the change in ownership.
“The management team that has been key to EDI’s success in recent years will stay in place, as will our 240 employees in the US, Europe, and Asia,” Ulcej said. Core members of the team include four VPs: Dennis S. Paradise (sales and marketing), Gary D. Oliver (technology), Gregory J. Raleigh (manufacturing), and Daniel D. Kelm (finance).
The acquisition follows a seven-year period since the management buyout in which EDI expanded at home and overseas, developed successful innovations, acquired two businesses, and experienced growth in annual sales of more than 125%, according to an EDI press release. “EDI is now stronger than ever before in its 40-year history,” said Ulcej. “Bertram Capital, with its extensive resources and commitment to helping profitable companies broaden their capabilities, will enable EDI to expand and diversify even more aggressively.”
Kevin Yamashita, a partner at Bertram Capital, added, “We are extremely excited to have the opportunity to work with the EDI team and participate in its future growth. The company is uniquely positioned in the industry through its engineering expertise, quality products, and long-standing customer relationships that are core to its ongoing success.”EDI specializes in building and reworking flat dies, which are shaping tools used by manufacturers to produce plastic film and sheet or to apply coatings onto various substrates.