ProMach completes acquisition of STOCK America
The US-based manufacturing company, ProMach, has continued to enhance its portfolio offering following the purchase of STOCK America, according to Supply Chain Management Review.
As the worldwide leader in packaging machinery solutions, the introduction of STOCK will see the expansion of ProMach’s growing line-up of solutions for the resort room.
Mark Anderson, ProMach President and CEO, commented: “We’re pleased to welcome the outstanding Stock team to ProMach. We were already well-positioned with Allpax, a leading retort product brand, in our portfolio. The addition of Stock and their large installed base of innovative sterilization equipment bolsters our customer base, extends our keystone retort product line-up, and strengthens our capability to provide the most comprehensive sterilization solutions in the food processing industry. We will invest in Stock so they can continue providing industry leading solutions and support to their customers.”
Having been a technology leader in processing and in-container sterilization solutions for over 40 years, the firm provides a range of equipment, systems and services to the North American food processing industry.
Current STOCK President, Timothy Schurr, who is set to join ProMach as Vice President and General Manager of STOCK, said: “ProMach has an excellent reputation for investing in their product brands and combining their unique strengths to better serve customers. As part of the ProMach family, the Stock and Allpax product brands bring together a great deal of experience and success in complementary and diverse markets. Together we have an outstanding opportunity to offer the best retort technologies, to better serve our mutual customers, and introduce new customers to some of the packaging industry’s most innovative solutions across the entire packaging line including the ability to provide complete integrated lines that start with the retort room.”