Danville Partners has acquired Multi-Flex, a Florida-based manufacturer of modular extrusion and stainless steel conveyor systems, alpine accumulators, side gripper elevators, lowerators and product inverters.
In addition, the company sells automation components for conveyor and pallet transfer systems.
Multi-Flex is an add-on acquisition to complement Danville Automation Holdings’ other companies: Simplimatic Automation, which provides conveyors and high-speed puck-handling automation equipment; and Advantage Puck Technologies, which manufactures puck-style product carriers used to maximise efficiency in packaging and producing personal-care product lines.
"Multi-Flex’s outstanding product line and customer base will offer exceptional opportunities for growth and be a robust complement to Danville’s automation portfolio," says Michael A. Gaudiani, managing partner of Danville Partners and chairman of Danville Automation Holdings. "The integrated solutions provided by our new business combination leverage our technology, product and service capabilities."
"My father always put his customers first," says Multi-Flex president Peter Rosenquist. "Our family is pleased that this acquisition will allow his legacy to live on and bring valuable new resources and product solutions to support the challenges faced by our customers."
