BDT Capital and Leonard Green, two private equity investment firms, completed the acquisition of a majority stake in ProMach, a packaging machinery company. Financial terms were not disclosed. “Under Mark Anderson’s skilled leadership over the past 17 years, ProMach has established an exceptional track record of performance and solidified its position as a leader in the U.S. processing and packaging machinery market. We believe ProMach is well positioned to capitalize on secular industry tailwinds, including the transition to sustainable packaging and the accelerating adoption of automation technologies, and we look forward to supporting the company’s continued expansion and success,” Byron Trott, BDT & MSD Partners Chairman and Co-CEO.