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RYE, NY–(BUSINESS WIRE)–Sept. 12, 2022–
SFW Capital Partners (“SFW”), a specialty private equity firm, today announced that it has completed the sale of Industrial Dynamics Co., Ltd., dba FILTEC (“FILTEC” or “the Company”) to a acquirer who operates in Filtec’s industry. FILTEC, headquartered in Torrance, Calif., is a leading provider of advanced automated inspection technology solutions driving safety, quality assurance, efficiency and brand protection in the global beverage and beverage industries. food. Financial terms of the transaction were not disclosed.
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Founded in 1958, FILTEC provides advanced in-line inspection instruments and systems for the global beverage industry. The company offers a full range of instruments and related software and services for the inspection of empty and full containers on bottling, canning and other glass and PET packaging lines. FILTEC’s instrumentation is used by more than 1,500 of the world’s leading beverage companies, including Coca-Cola, Pepsi, SABMiller and ABInBev, to perform critical product inspection steps that are essential to the operation of beverage packaging lines. high-speed containers and the production of high-quality beverages.
Since the acquisition of FILTEC by SFW and with the support of SFW, FILTEC has aggressively pursued strategic growth initiatives, including investing in new products, implementing a new go-to-market strategy and improving basic organizational systems and processes.
“We are extremely proud of the transformational growth achieved by FILTEC in partnership with SFW Capital,” said James Kearbey, Managing Director of FILTEC. “SFW’s unique industry experience and business building expertise has proven extremely valuable to FILTEC as we expand our relationships with our customers and expand our presence in high-growth markets around the world. We are excited to build on this success in the future.
About Industrial Dynamics Company, Ltd. (“FILTEC”)
Industrial Dynamics Company, Ltd. (“FILTEC”) is a leading supplier of advanced in-line inspection instruments and systems to the global beverage industry. The company, founded in 1958 and based in Torrance, Calif., offers a full line of instrumentation and associated software and services for empty and full container inspection on bottling, canning and other packaging lines. glass and PET. FILTEC’s unique star wheel technology, X-ray and vision-based inspection solutions, innovative pressure leak detector and high-speed laser coder provide ease of use, reliability and durability unmatched. FILTEC serves major beverage companies worldwide and offers parts and service locally in thirty countries around the world. For more information, please visit www.filtec.com
About SFW Capital Partners
SFW Capital Partners is a private equity firm focused on building market-leading companies in the industrial technology and life sciences sector. SFW partners with profitable family and founder businesses and provides its capital, resources and network to make significant growth-oriented investments and drive long-term value creation. For more information, visit www.sfwcap.com.
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CONTACT: Caroline Luz
Stanton
203-570-6462
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
KEYWORD INDUSTRY: PROFESSIONAL SERVICES RETAIL OTHER PROFESSIONAL SERVICES FINANCE ASSET MANAGEMENT FOOD/DRINK
SOURCE: SFW Capital Partners
Copyright BusinessWire 2022.
PUBLISHED: 09/12/2022 09:00 / DISK: 09/12/2022 09:02
Copyright BusinessWire 2022.
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