Brown Machine Group acquires GN Thermoforming Equipment
By McNeil, Gray & Rice, Inc.General
Acquisition expands company’s thermoforming product offering and market access
BEAVERTON, Michigan – Brown Machine Group (“BMG”) is pleased to announce the acquisition of GN Thermoforming Equipment (“GN”) through the purchase of 100% of the stock. GN is a designer and manufacturer of thermoforming equipment, primarily for the food packaging industry.
Based in Chester, Nova Scotia Canada, GN Thermoforming Equipment has built a global reputation for excellence in innovation, equipment design and service throughout the industry. For over 40 years, GN has grown its global presence in the plastics industry, including through offices in the Czech Republic, and many agents operating worldwide. GN is the global leader in contact heat thermoformers and a growing provider of innovative form cut stack thermoforming machines.
The GN acquisition significantly expands BMG’s thermoforming product offering and provides greater access to global customers in the food packaging industry. GN’s machines are adept at quick change-overs and have an outstanding reputation for quality and generating strong ROIs for customers.
“GN Thermoforming Equipment’s unique technology and talent significantly increase the scope of BMG’s offering to reach small and medium size thermoforming customers,” says Brown Machine Group CEO, Greg Wolf. “BMG has a significant sales and service footprint throughout North America, whereas over half of GN’s sales are outside of North America. This acquisition greatly expands market access and growth for both entities.
“BMG’s proven expertise in growth through acquisition is an exciting and significant step for GN Thermoforming Equipment and our employees,” says Jerome Romkey, President, GN Thermoforming Equipment. “Bringing our core technology, equipment and service offerings together, while expanding the overall scope of our customer base, is the next logical step for both companies.”
GN Thermoforming Equipment will continue to operate and manufacture under its current name within the context of Brown Machine Group’s family of companies and remain headquartered in Chester, NS, Canada.
About Brown Machine Group
Brown Machine Group in Beaverton, MI, is a global leader in thermoforming technology and innovation with high-quality product lines manufactured by Brown Machine, Lyle Industries, Nalle Automation Systems, Freeman Company, aXatronics and GN Thermoforming Equipment. It designs and manufactures a complete line of continuous and cut-sheet thermoforming equipment, tooling, automation, robotic systems and provides related services including retrofit upgrades, prototyping, process optimization and technical support. Its equipment has been “Made in the USA” since 1952 and it has thermoforming systems operating in over 65 countries worldwide in virtually every industry. Visit www.brownmachinegroup.com for more information.
About GN Thermoforming Equipment
GN Thermoforming Equipment, based in Chester, Nova Scotia, Canada, is a leading manufacturer of roll-fed thermoformers for the production of high-quality plastic packaging. The company’s operation also includes a Technical Service and Sales Center in Jihlava, Czech Republic. GN has exported its equipment to 70 countries over the past 35 years. More information on GN Thermoforming Equipment is available at www.gncanada.com