KENNESAW, GA. — Unibloc Pump, a supplier of positive displacement pumps, strainers, valves and other equipment, announced Jan. 7 it has been acquired by Chicago-based private equity firm May River Capital.
Unibloc offers solutions for sanitary process applications in the food and beverage industries, as well as for pharmaceutical, bakery and confection, meat and poultry, brewery and transportation industries. The company was founded by Harry Soderstrom in 1984, who will continue leading the company as chief growth officer under May River Capital’s ownership.
In his new role, Soderstrom will lead the company’s exploration of new markets, customers, product opportunities and business partners.
“Unibloc Pump is launching a new and exciting chapter with May River Capital,” Soderstrom said. “May River’s approach to building business through collaboration is exactly what I was seeking as I looked ahead to the opportunities awaiting our company. We are pleased we’ve found a partner who values the engineering, skills, craftsmanship and most importantly, the culture we’ve nurtured here. This partnership will enable us to accelerate our growth initiatives and better serve our customers’ needs.”
Aside from its headquarters in the Atlanta metro area, Unibloc also operates a plant in Beckum, Germany. In mid-December, the company moved its US operations to a state-of-the-art facility in Kennesaw, which is three time larger than its previous facility in Marietta. The 41,000-square-foot plant is expected to support Unibloc through its next phase of growth.
“We have more than tripled our plant footprint to dramatically increase capacity to better serve our customers and expand to new markets,” Soderstrom added. “The new facility will also help Unibloc Pump maintain its competitive edge in the industry by attracting top talent in the region.”
Chris Stevens will join the company as chief executive officer. Stevens brings expertise in commercial leadership, business-to-business marketing, channel management and sales. Stevens is a member of May River Capital’s Executive Resource Group of operating executives.
“Harry’s years of industry expertise and leadership paired with Unibloc’s talented and hard-working employees have made the company the great success it is today,” Stevens said. “We are committed to building upon Harry’s rich legacy and investing in the resources to support the company’s continued growth.”
Additionally, Patrick Painter will join the company as chief financial officer, and Brian Comiskey will serve as chief operating and technical officer.
May River Capital is also the owner of Advanced Materials Processing, which offers material handling solutions to the pet food and treat processing industry, among others.
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