Brown Machine Group (“BMG”) has announced the acquisition of GN Thermoforming Equipment (“GN”) through the purchase of 100% of the stock.
GN is a designer and manufacturer of thermoforming equipment, including in the medical packaging industry.
For over 40 years, GN has grown its presence in the plastics industry, including through offices in the Czech Republic, and many agents operating worldwide.
The GN acquisition significantly expands BMG’s thermoforming product offering and provides greater access to global customers.
Greg Wolf, Brown Machine Group CEO, said: “GN Thermoforming Equipment’s unique technology and talent significantly increase the scope of BMG’s offering to reach small and medium size thermoforming customers. BMG has a significant sales and service footprint throughout North America, whereas over half of GN’s sales are outside of North America. This acquisition greatly expands market access and growth for both entities.”
Jerome Romkey, president, GN Thermoforming Equipment, added: “BMG’s proven expertise in growth through acquisition is an exciting and significant step for GN Thermoforming Equipment and our employees. Bringing our core technology, equipment and service offerings together, while expanding the overall scope of our customer base, is the next logical step for both companies.”
GN Thermoforming Equipment will continue to operate and manufacture under its current name within the context of Brown Machine Group’s family of companies and remain headquartered in Chester, NS, Canada.
