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

Blow molding machinery maker opens first plant in Taiwan

October 1, 2014 1:27 pm ET

Taiwanese equipment maker Kin Precision Industry Co. Ltd. has opened a 2,000-square-meter, 25-employee factory in Taichung, Taiwan, with an eye to...    More

Image

RJG buys UK training group G&A

September 30, 2014 11:10 am ET

G&A Moulding Technology Ltd., a United Kingdom-based training and consultancy group, has been bought by RJG Inc., the U.S.-based training business.    More

Image

Audacious vandal stuns Taipei Plas

September 29, 2014 4:59 pm ET

Melodrama erupted at the traditionally tranquil Taipei Plas trade show on Sept. 28 when a mysterious intruder flung red paint at the Baumüller...    More

Image

Shini pushes into western China

September 29, 2014 4:28 pm ET

Despite intellectual-property brigands, Taiwan's Shini Plastics Technologies Inc. is zestfully pursuing the enormous Chinese market for plastics...    More

Image

Clariant extends reach into Asia with acquisition

September 29, 2014 9:54 am ET

Clariant International Ltd. is buying VitaPac (HK) Industrial Ltd., a Hong Kong-based company which produces desiccant packets for the healthcare pack...    More

Market Reports

Plastics in Mexico - State of the Industry Report

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

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

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

More Events