Transaction Overview
- Automatan LLC is a leading designer, manufacturer, and marketer of automated equipment used by companies that convert sheets of corrugated material into boxes and point-of-purchase displays. Consumer product companies rely on these products to provide attractive packaging that stimulates consumer decisions at the point of purchase.
- Within its target market, Automatan is the dominant provider of labeler / laminators – machines that apply high-graphic images to corrugated material. The company also provides a line of advanced robotic pre-feeding and palletizing equipment. Automatan is based in Plover, Wisconsin.
Key Observations
- At the time of the transaction, Hamilton Robinson was in the process of simultaneously acquiring a different company that makes conveyor equipment for the corrugated industry. The two acquisitions represented an opportunity for Hamilton Robinson to benefit from revenue and cost synergies early in its holding period.