RotoMetrics, the narrow web industry’s largest die manufacturer, has been acquired by Morgenthaler Partners in conjunction with RotoMetrics management. Morgenthaler Partners is a private investment firm focusing on high value manufacturing and business services.
In a March 14 email to its customers, RotoMetrics said that the acquisition is part of a long-planned succession and growth strategy to support the company’s continued leadership in the rotary tooling industry. “We expect the change in our ownership to be transparent to our customers,” the email read. “You’ll still receive the same dedicated and competent service that you’ve come to know and expect from RotoMetrics worldwide operations. In fact, we hope to be even better positioned to anticipate and meet the evolving demands of our market.”
The acquisition of the family owned business is part of a planned succession to foster continued growth for RotoMetrics. RotoMetrics' long-standing management team remains intact with the exception being that a new CEO will be joining the company.
Headquartered in St. Louis, MO, USA, RotoMetrics operates several facilities in the United States, as well as in Australia, Canada, France, Germany, Italy, and the United Kingdom.