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Automation M&A December 2023

The Bundy Group reported 12 automation transactions in the month of December. Analysis on the acquisitions and reports are highlighted below.

United statesSan sebastianPais vascoMay riverNorthwest territoriesClint bundyBundy groupPartners groupChipotle mexican grillSentry equipment erectors incCompass systems salesElectronic supply companyH ig capital portfolio companyAutomation components incHolding companyCapital corporation

ProMach acquires Sentry Equipment & Erectors - Canadian Plastics

Sentry manufactures conveyor and container-handling machines.

United statesMark andersonRyan mccartPromach incSentry equipment erectors incSentry equipmentErectors incNorth americanNorth americaSouth america

ProMach Acquires Sentry Equipment & Erectors Inc

The acquisition of Sentry expands ProMach s product portfolio and bolsters its position as a provider of systems integration solutions.

United statesMark andersonTim woodsonRyan mccartSentry equipment erectors incSentry equipmentErectors incNorth americaNorth americanPromach presidentBusiness unit president

ProMach Acquires Sentry Equipment & Erectors

The conveyor and erector business will add to ProMach's portfolio of integrated machinery solutions.

United statesMark andersonRyan mccartTim woodsonSentry equipment erectors incPromach id technology groupSentry equipmentErectors incNorth americanNorth americaBusiness unit presidentLofton label

Seller Beware! Selling Shareholders May Be Held Liable if ESOP Overpays Them for Shares | Morgan Lewis - ML Benefits

In Pizzella v. Vinoskey, 2019 U.S. Dist. LEXIS 129579, the US Department of Labor (DOL) brought a case against an independent transactional ESOP trustee (the trustee), but also named.

Sentry equipment erectors incUs department of laborUs courtSentry equipment erectorsFourth circuit

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