ProMach acquires AmHolt

Courtesy of ProMach
ProMach acquired American Holt, DMA Solution, and Pride Engineering, collectively known as AmHolt, from Arcline Investment Management.
American Holt and DMA Solution design and manufacture packaging-related components for the beverage, food, protein, and home care industries. Pride Engineering is a precision-engineered component manufacturer for aluminum can production. The acquisitions further expand ProMach’s significant capabilities in the consumer-packaged goods market.
“We are excited to welcome the American Holt, DMA Solution, and Pride Engineering teams to ProMach,” said ProMach President and CEO Mark Anderson. “Their addition to our business continues the expansion of our product solutions portfolio, and it significantly expands our ability to serve our customers throughout the lifecycle of their equipment.”
With facilities in Massachusetts, Quebec, and Minnesota, AmHolt and its employees will join ProMach’s Primary Packaging business unit led by Group President, Doug Stambaugh.
“The addition of the AmHolt group to ProMach underscores our commitment to providing our customers with the best products and customer service in the industry. AmHolt’s product line and extensive experience allow us to offer an even broader portfolio of North American-manufactured solutions that support our customers across their entire packaging lines,” said Stambaugh.
AmHolt CEO Cliff Gilbert will join ProMach as a Senior Vice President in ProMach’s Primary Packaging business line.
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