Calder Capital, LLC is proud to announce the sale of Midwest Die, Corp. of Baroda, MI to Lateral Industries, LLC. Lateral Industries, LLC, is owned by CEO Scott Dawson and his business partners. The business will continue to operate as Midwest Die, Corp. After almost 40 years in the business, cousins and partners Rodney and Richard Nitz felt that it was time to transition the ownership to someone who would continue to offer their clients the same quality of service, as well as care for the Company’s loyal employee base. President of Midwest Die Rodney Nitz stated, “We have been blessed with long term clients and a great employee base. Our long-term success is a result of ensuring that we provide a very high level of service to our clients. Our committed team members have been a very important part of making Midwest what it is today. After meeting several potential buyers and fielding multiple offers, we felt that Scott was the right person to take Midwest forward. His extensive background in manufacturing, vision for the future, and numerous industry connections will be tremendous assets to the company.” According to Scott Dawson, the opportunity to acquire Midwest exceeded the criteria […]
C&K Box and Mulch Wholesalers of Jackson, MI Acquired by an Individual Investor!
Calder Capital is pleased to announce that C&K Box and Mulch Wholesalers of Jackson, MI have been acquired by an individual investor. Founded in 1960, C&K Box manufactures wood packaging products such as pallets, skids, crates, boxes, corner posts, stakes, and custom products tailored to clients’ needs. C&K Box has been owned by the Stevens family for several decades, and Mulch Wholesalers was established by second-generation owner Mark Stevens in 1995 as a method to minimize waste produced by C&K Box. The two companies share a unique synergistic relationship. The Companies were acquired by Dustin Ruth. Dustin has years of experience in business management, business ownership, and sales. “The symbiotic relationship of these two companies immediately stood out to me,” commented Dustin about the acquisition. “It’s rare to find two companies that are able to reduce waste and optimize sustainability so effectively. I’m excited to take it even further.” After 46 years of involvement with C&K Box, the Stevens family is ready to take a step back. The family engaged with Calder Capital at the end of 2020 to find the right buyer for the Companies, either separately or as a package. Sam Scharich and Ghazey Aleck, Mergers and Acquisitions […]
Eidemiller Precision Machining of Milford, MI Acquired by Kyowa Industrial Co., Ltd. of Takasaki Japan!
Calder Capital, LLC, is excited to announce the acquisition of Eidemiller Precision Machining of Milford, Michigan by Kyowa Industrial, Co., Ltd., of Takasaki, Japan. Established in 1946, Kyowa Industrial is a precision manufacturer of complex prototype components and low volume production runs. The company is known for its exceptionally high-quality production of complex prototypes, dramatically fast and flexible delivery to meet tight schedules, ultra-thin walled components for maximum weight reduction, and start-to-finish service with complete confidentiality. Headquartered in Takasaki, Japan, Kyowa Industrial is eager to develop their presence in the United States and other overseas markets. The acquisition of Eidemiller Precision Machining allows Kyowa Industrial to expand to the automotive and manufacturing industries of the Midwest United States. “I feel confident that Eidemiller will be an excellent asset to Kyowa,” commented Atsushi Tanimoto, Kyowa’s North American President. “We’ve been in the market for such a company in this area for a long time, and I don’t think we could’ve found a better fit.” Eidemiller Precision Machining was founded in 1976, and in recent years it has been owned and operated solely by Marty Eidemiller. Over its five and a half decades, Eidemiller Precision Machining has grown from a small one-lathe […]
Benchmark Industrial Acquires Packaging Supplier Donby Packaging!
Calder Capital is thrilled to announce the acquisition of Donby Packaging of Brooklyn Heights, OH by Benchmark Industrial, Inc. of Gahanna, OH. Benchmark Industrial, Inc. is a single-source supplier of packaging and warehouse essentials. Since 1963, they’ve shaped their business around fast, accurate service and delivery. Benchmark’s acquisition of Donby Packaging, a smaller player within the same industry, will allow Benchmark to expand its footprint from Columbus to Cleveland. “This was an advantageous acquisition for both Benchmark and Donby,” commented Sam Scharich, Mergers and Acquisitions Advisor at Calder Capital, LLC. “The two Companies can combine resources to tighten supply chains, as well as broaden their reach throughout the Ohio market. Jim [President of Benchmark] was exceptional to work with as a buyer. He gave us honest feedback and clear criteria which helped us to find Eric with Donby.” “We’re very excited to welcome Donby into the Benchmark family,” remarked Benchmark President Jim Reid. “They have long been known for offering good service and competitive prices for their manufacturing and distribution customers. We are committed to maintaining those relationships and taking our combined service offerings from good to great.” Donby is a full-service packaging supply, packaging machinery and paper supply distributor […]
Walerko Tool & Engineering Corporation of Elkhart, Indiana Acquired by Mno-DREK, LLC!
Calder Capital, LLC is pleased to announce that Walerko Tool & Engineering Corporation of Elkhart, Indiana has been acquired by Mno-DREK, LLC, of Dowagiac, Michigan! Mno-DREK is a holding company of manufacturing businesses, formed by Mno-Bmadsen and DREK Holdings. Walerko Tool and Engineering Corp. makes for a strategic addition to the Mno-DREK portfolio. Established in 1952 by the Walerko family, Walerko Tool & Engineering is a family business that has passed through generations with over 60 years in business. Walerko offers a wide range of services, including CNC machining and castings, weldment, piece parts, prototype parts, fixtures, and gages. Due to its broad service offerings, the Company attracts customers from many different industries, including aerospace, construction equipment, press and automation, pumps manufacturing, automotive, and others. Ed Walerko became the sole owner of the Company in 2008 when he bought out his father and siblings’ shares. Having been involved in the Company since his youth, and operating it for over a decade, Ed sought to sell the business in order to retire. He engaged with Calder Capital, LLC, to find the right buyer for his family’s long-standing business. Rick Purcey, Mergers and Acquisitions Advisor at Calder Capital, LLC, served as the […]
Integrated Manufacturing Concepts Acquired By an Individual Investor!
September 2020 – Calder Capital, LLC is thrilled to announce that Integrated Manufacturing Concepts of Ceresco, Michigan, has been successfully acquired by an individual investor, Tom Tilma. Integrated Manufacturing Concepts is a tube fabrication and bending products manufacturer serving various industries. The Company operates in a low-competition market and has many long-standing relationships with loyal clientele. Mark Lowell founded Integrated Manufacturing Concepts in 2003. Mr. Lowell is a veteran in the industry, with experience as a plant manager at various large companies. After his work as a plant manager, he grew and sold a material handling business before exiting to work as a manufacturing consultant. After a few years as a consultant, he encountered the opportunity to get back into tube bending, and he seized the chance to purchase equipment and once again begin servicing his own clients. Since then, he has grown and run a successful operation and served his clients diligently for over a decade. When Mark’s wife retired this past year, he decided that it was a good time to sell the Company to the right buyer, join his wife in retirement, and spend more time with his family. Integrated Manufacturing Concepts was highly sought after on […]