Announced
Completed
Synopsis
Duravant, a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, completed the acquisition of Woodside Electronics, a manufacturer of optical color and defect sorting equipment. Financial terms were not disclosed. "I’m thrilled to welcome Don Douglas and the entire WECO team to Duravant. WECO’s culture of customer-centric innovation and commitment to rapid and effective new product development makes them a wonderful addition to the Duravant family. WECO moves us into new markets with product-focused applications that are complementary to Key Technology’s offerings; allowing us to provide an even more complete solutions set to our customers," Mike Kachmer, Duravant President and CEO.
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