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

NFM Welding Engineers opens direct office in China

February 26, 2015 2:05 pm ET

MASSILLON, OHIO — Extrusion equipment manufacturer NFM Welding Engineers Inc. has opened a sales office in Dalian, China.    More

Image

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Image

Amut buys Dolci and Bielloni

February 25, 2015 3:41 pm ET

Amut SpA, the Novara, Italy-based maker of extruders, thermoforming machines and plastics recycling equipment, has acquired the Italian company that m...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events