Auxo Buys Midway Rotary Die Solutions

Auxo Buys Midway Rotary Die Solutions

August 15, 2018 Off By Sebastian Reisig

Private equity firm Auxo Investment Partners announced that it has acquired Midway Rotary Die Solutions, adding deeper capabilities to Auxo’s die manufacturing platform – Bernal Rotary Dies, Atlas Die, and Atlas Chem-Milling – and furthering Auxo’s commitment to meeting the needs of the most sophisticated and demanding customers. Terms of the deal were not disclosed.

Joining Auxo’s portfolio of industry-leading die manufacturers allows Midway Rotary Die Solutions to continue to grow, serve a wider array of customers and offer its existing customers new capabilities in wide format RP® rotary dies and flexible rotary dies, while preserving its legacy of best-in-class customer service and unrivaled solutions to customers’ converting challenges. Midway designs, manufactures and sharpens dies for customers in the automotive, packaging, medical, food processing, tag-and-label, specialty and photo-cutting industries. The company also offers multi-stage heat treatment processes, cryogenic treatment, carton prototyping and technical support to craft the most effective, customized and long-lasting crush-cut dies in the industry.

“Combining Midway with our existing portfolio of die producers allows us to offer our customers an increasingly broad, innovative suite of capabilities, helping them to deliver superior quality and efficiency in their own businesses,” said Ken Smott, who, with this acquisition, becomes CEO of Midway Rotary Die Solutions in addition to his existing leadership duties at Atlas Die and Bernal Rotary Dies.