2013 Exhibitions
US private equity firm Bertram Capital has acquired Webex, a manufacturer of precision engineered rolls and specialised systems for web handling and converting applications.
Based in Neenah, Webex marks Bertram’s second platform investment and third transaction in the plastic processing and web handling equipment industry.
Webex designs and manufactures custom rolls, machinery and components for a highly diverse set of customers and manufacturing sectors including: flexible packaging, paper, consumer products, food and beverage, aerospace, pharmaceutical and health care, alternative energy, and general industrial. The company operates four manufacturing facilities located in Wisconsin and Massachusetts.
Bertram also used to own flat die maker Extrusion Die Industries (EDI) and sold it last year to Nordson for US$200 million. Terms for the Webex acquisition were not disclosed.
(PRA)
