Maxcess, a provider of products and services for web handling applications, has acquired Componex.
Componex is a component expert in web handling. Headquartered in Edgerton, Wisconsin, Componex will join Menges Roller, Valley Roller, Webex, Fife, Tidland and Magpowr under the Maxcess International umbrella of companies.
The fifth acquisition in four years, Componex will add its patented WINertia line of dead shaft idlers to Maxcess’ roll product offering from Menges Roller, Valley Roller and Webex to expand its one-stop-shop strategy.
Maxcess CEO Greg Jehlik said: ‘The acquisition of an innovative brand like Componex adds tremendous value to our family of web handling companies, specifically our precision rolls group.
‘Being deeply focused on expansion through organic growth, product development and acquisitions, Componex is a perfect example of a category leader and an addition that will add significant capabilities at other Maxcess facilities around the world moving forward.’
Cal Couillard, Componex president, said: ‘Maxcess can take Componex to the next level by introducing our WINertia technology to markets outside of North America. Its size and scope provided a logical landing spot for the company that we worked so hard to build over the past 20 years.’