Duravant Acquires Wulftec
January 3, 2019
Cleary Gottlieb represented Duravant LLC (Duravant) in its acquisition of Wulftec International Inc. (Wulftec).
The seller was M.J.Maillis Group, backed by U.S. private equity firm H.I.G. Capital. Duravant was acquired in 2017 by U.S. private equity firm Warburg Pincus.
The deal closed on December 20, 2018, and was announced on December 21, 2018.
Duravant is a market-leading international engineered equipment and automated machine provider to the food processing, packaging, and material handling sectors.
Wulftec is a leader in automatic stretch wrappers, strapping systems, and pallet handling solutions.