Baird Capital buys equipment maker Kason

By Bill Bregar
Senior Staff Reporter

Published: November 1, 2013 12:53 pm ET
Updated: November 1, 2013 5:20 pm ET

Related to this story

Topics Mergers & Acquisitions, Machinery

Baird Capital, the private investment arm of investment firm Robert W. Baird & Co., has acquired Kason Corp., a Millburn, N.J.-based manufacturer of industrial filtration and separation equipment.

Kason's product line includes both vibratory and centrifugal screeners that separate bulk solid materials. In the plastics industry, Kason screeners are used to remove fines and contaminants from extruded pellets, regrind and recycled plastics.

Kason also makes fluid-bed processors for draying, cooling or moisturizing bulk solids.

Terms were not disclosed for the deal, announced Oct. 31. Baird bought Kason from Spell Capital Partners LLC.

Baird partnered with equipment executive Jon Weiner on the Kason acquisition. Weiner will be Kason's CEO. Previously Weiner was president of Pall Industrial in the Americas, a subsidiary of Pall Corp. specializing in products for filtration, separation and purification.

Henry Alamzad will remain as Kason's president.

Alamzad, Weiner and officials of Baird were not immediately available for comment.

A news release announcing the deal said Baird will use its knowledge of the process controls sector and its resources in China to help Kason develop innovative technologies and expand into global markets.


Comments

Baird Capital buys equipment maker Kason

By Bill Bregar
Senior Staff Reporter

Published: November 1, 2013 12:53 pm ET
Updated: November 1, 2013 5:20 pm ET

Post Your Comments


Back to story


More stories

Image

China's biggest fuel tank maker getting a US foothold

April 23, 2014 4:41 pm ET

The majority owner of China's biggest fuel tank maker is expanding its global automotive footprint with the acquisition of the fuel tank unit of...    More

Image

CPM Extrusion, ECON launch new line of underwater pelletizers

April 23, 2014 11:25 am ET

CPM Extrusion Group and ECON GmbH unveiled their brand new EUPC line of underwater pelletizers today at ChinaPlas held in Shanghai, China.    More

Image

How CEO Santi is changing ITW

April 23, 2014 2:48 pm ET

Scott Santi is showing he can do more than just cut costs at Illinois Tool Works Inc.    More

Image

TSM growing into a second generation of leadership

April 23, 2014 12:50 pm ET

This is a time of great growth for the Dundalk, Ireland-based TSM Control Systems, a company that has created a name for itself since 1977 by...    More

Quality Vision buys ShapeGrabber

April 23, 2014 10:19 am ET

Quality Vision International Inc. of Rochester, N.Y., has purchased ShapeGrabber Inc., a maker of automated three-dimensional scanners, in a deal anno...    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events