CC Industries completes acquisition of Weiler
Global manufacturing giant CC Industries Inc, owner of Formax, has acquired Weiler and Company Inc, a major meat processing machinery company.
Global manufacturing giant CC Industries Inc (CCI) has acquired Weiler and Company Inc, a major meat processing machinery company.
Weiler, under both the "WEILER" and "BEEHIVE®" is located in Wisconsin, USA and manufactures grinding, mixing and bone separator/meat recovery equipment.
The acquisition complements CCI's existing food processing equipment platform, Formax®, Inc. Formax, headquartered in Mokena, Illinois, is the world's leading provider of large capacity protein forming equipment.
Formax and Weiler share a similar customer base and their respective equipment operates on many of the same production lines. Formax also provides the market with several lines of high speed slicing equipment.
Nick Lesar, the retiring president and CEO of Weiler, said: "The combination of Weiler and Formax creates an international powerhouse. We at Weiler have high regard for the CCI and Formax management team.
"We believe that Weiler, as part of CCI and Formax, will continue its rapid growth, and that the combined business will be good for Weiler, its employees, customers, vendors and the Whitewater community. Similarly, our Beehive, Inc., operation in Sandy, Utah, should enjoy the same benefits as part of the CCI and Formax organization."
Bill Crown, president and CEO of CCI said: "We will be fortunate to own the leading manufacturers in two significant segments of the food processing equipment industry. Both organizations have long histories of serving their customers very effectively.
"It is our intention to meld the best qualities of both organizations into a new combined company that exceeds the high standards historically set by each of them."
CC Industries is a holding and management company for the Henry Crown Company's group of operating companies. Other holdings include Great Dane Limited Partnership and Bush Hog, LLC.