Duravant Expands Portfolio with Strategic Acquisition of T-TEK Material Handling
Slice of Manufacturing Team
08/26/2024
Key Highlights:
- Duravant acquires T-TEK, a leader in high-speed packaging machinery.
- T-TEK specializes in palletizers, depalletizers, and custom automated lines.
- Acquisition strengthens Duravant’s portfolio in food and beverage sectors.
- T-TEK’s expertise aligns with Duravant’s brands, including nVenia and Wulftec.
Source (Business Wire)
Quotes
“ “We’re excited to welcome T-TEK to Duravant. T-TEK has an impressive history of fostering strong customer relationships through a differentiated service delivery model.” ”
Mike Kachmer, Chairman and CEO at Duravant
Our Take:
The acquisition of T-TEK by Duravant marks a significant strategic expansion for Duravant’s end-of-line packaging capabilities, particularly in the high-growth food and beverage sectors. T-TEK’s renowned expertise in high-speed palletizing and custom automation solutions complements Duravant’s existing portfolio, offering a more comprehensive range of solutions under the Duravant umbrella. This move not only strengthens Duravant’s market position but also ensures their customers have access to advanced, integrated solutions for their packaging needs.
