Maxcess International Corp., which makes web handling equipment, has purchased Valley Roller Co. of Appleton, Wis. — its second acquisition this year.
Valley Roller has a second factory in Mansfield, Texas.
Valley Roller makes rubber covered rollers for use in a wide range of industries, including plastics, converting, coating, laminating, pulp and paper and tissue. The company was founded in 1984 to serve the paper converting industry in northeast Wisconsin. That area also has become a center of plastics film production and converting.
Terms were not disclosed for the deal, announced Aug. 6.
In January, Maxcess, which is owned by private equity firm Bertram Capital Management LLC, bought the Guiding Systems business from Fives North American Combustion Inc. Maxcess integrated that operation with its Fife Guiding Systems business.
In other news announced before the Valley Roller acquisition, Maxcess completed a $2.5 million investment at its precision roller plants, in Neenah, Wis., and Chicopee, Mass. Both are designated as centers of excellence for rollers.
Oklahoma City-based Maxcess manufactures equipment for several industries, including converting, plastic film and sheet, flexible packaging, coating and laminating, nonwovens, paper, printing, textiles, food processing, metals, tires and rubber and batteries. Valley Roller joins Webex, Fife, Tidland and MAGPOWR under the Maxcess umbrella.
“The acquisition of Valley Roller Co., our second acquisition in eight months, highlights our continued buy-and-built market strategy to broaden our one-stop-shop produce product and service offering,” said Maxcess CEO Greg Jehlik.
In late 2013, Bertram Capital of San Mateo, Calif., bought Maxcess and merged it with Webex Inc., a Neenah-based supplier of precision rolls for web handling and film and sheet converting, including chill rolls, heating rolls, printing cylinders, coating and embossing rolls and shaft idlers.