Four materials handling and processing equipment companies—Spiroflow, Cablevey Conveyors, Marion Process Solutions, and Kason Corporation—have partnered under two platforms (Automated Handling Solutions and Advanced Material Processing) created by private equity firm May River Capital.
May River Capital launched Automated Handling Solutions, a new platform created by merging Spiroflow and Cablevey Conveyors. Spiroflow is a material handling machinery manufacturer, and Cablevey specializes in tubular drag conveyor solutions.
May River Capital formed Automated Handling Solutions by combining Spiroflow and Cablevey Conveyors, creating a material handling equipment and automation platform.
May River Capital, a private equity firm, acquired Cablevey Conveyors, a global manufacturer of tubular-drag conveyor systems based in Oskaloosa, Iowa.
May River Capital, a Chicago-based investment firm, has acquired Cablevey Conveyors, a global producer of tubular drag conveyor systems based in Oskaloosa, Iowa. The acquisition aims to build a larger conveyance platform.