LA-CO Industries has acquired the majority ownership of Intrama S.A.S., a leading European industrial marking products manufacturer and distributor based in Blyes, France.
LA-CO Industries has acquired
the majority ownership of Intrama S.A.S., a leading
European industrial marking products manufacturer and distributor based in Blyes, France. The
purchase comes after several years of a strong cross distribution relationship
between the two companies.
According to LA-CO, Intrama’s
brand and product lines strongly complement the Markal® range of
markers, which are widely used in industrial applications ranging from steel
production, automotive assembly, ship building, metal fabrication, building
construction, lumber/timber processing and more.
Magnin, former majority owner of Intrama S.A.S., will retain the role
of president, director general for the new company. Magnin will continue
to be supported by his current team of personnel mainly based at their
headquarters in Blyes.
Kleiman, CEO of LA-CO Industries noted, “The experience of the
Intrama personnel will strengthen our knowledge base in several ways, including
marker manufacturing, European logistics, R&D and accelerating our
commercial interests via their sales team.” LA-CO Industries was assisted
in this acquisition by Bulkley Capital L.P. of Dallas, Texas. Bulkley
Capital provided expertise during the acquisition process and acted as a financial
advisor during this transaction.
LA-CO Buys French Industrial Paint, Marking Company
November 3, 2009