LA-CO Industries has acquired the majority ownership of Intrama S.A.S., a leading European industrial marking products manufacturer and distributor based in Blyes, France.
LA-CO Industries has acquired the majority ownership of
S.A.S., a leading European industrial marking products manufacturer
and distributor based in Blyes, France. The purchase comes after
several years of a strong cross distribution relationship between the two
According to LA-CO, Intrama’s brand and product
lines strongly complement the Markal® range of markers, which are widely used
in industrial applications ranging from steel production, automotive assembly,
ship building, metal fabrication, building construction, lumber/timber
processing and more.
former majority owner of Intrama S.A.S., will retain the role of president,
director general for the new company. Magnin will continue to be
supported by his current team of personnel mainly based at their headquarters
Dan Kleiman, CEO of
LA-CO Industries noted, “The experience of the Intrama personnel will
strengthen our knowledge base in several ways, including marker manufacturing,
European logistics, R&D and accelerating our commercial interests via
their sales team.” LA-CO Industries was assisted in this acquisition
by Bulkley Capital L.P. of Dallas, Texas. Bulkley Capital provided
expertise during the acquisition process and acted as a financial advisor
during this transaction.
LA-CO Buys French Industrial Paint, Marking Company
November 4, 2009