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Duravant To Acquire WECO

February 10, 2020 GMT

DOWNERS GROVE, Ill. & WOODLAND, Calif.--(BUSINESS WIRE)--Feb 10, 2020--

Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today that it has entered into a definitive agreement to acquire Woodside Electronics Corporation (“WECO”), a leading manufacturer of optical color and defect sorting equipment. Along with Key Technology, a member of the Duravant family of operating companies, WECO significantly extends Duravant’s reach across automated food processing and inspection categories with new complementary products, technologies and applications.

WECO has been a leader in optical sorting technology for fruits and nuts for over 30 years. Their portfolio includes highly intelligent optical color and defect sorting systems and moisture monitoring systems. With corporate headquarters in Woodland, CA, WECO serves national and multi-national customers with leading-edge technology designed to eliminate the need for manual hand labor and maximize throughput.

“I’m thrilled to welcome Don Douglas and the entire WECO team to Duravant,” said Mike Kachmer, President and CEO of Duravant. “WECO’s culture of customer-centric innovation and commitment to rapid and effective new product development makes them a wonderful addition to the Duravant family. WECO moves us into new markets with product-focused applications that are complementary to Key Technology’s offerings; allowing us to provide an even more complete solutions set to our customers.”

“WECO is truly excited to join Duravant, and we look forward to collaborating with the portfolio of Duravant companies,” said Don Douglas, President of WECO. “Duravant and WECO are clearly aligned with a shared culture and Duravant’s global footprint will assist us in accelerating growth while continuing to provide world-class innovation and support to our customers.”

About Duravant

Headquartered in Downers Grove, IL, Duravant is a global automation and engineered equipment company with manufacturing, sales and service facilities throughout North America, Europe and Asia. Through their portfolio of operating companies, Duravant delivers trusted end-to-end process solutions for customers and partners through engineering and integration expertise, project management and operational excellence. With worldwide sales distribution and service networks, they provide immediate and lifetime aftermarket support to all the markets they serve in the food processing, packaging and material handling sectors. Duravant’s market-leading brands are synonymous with innovation, durability and reliability. For more information, visit www.duravant.com.

About WECO

WECO (Woodside Electronics Corporation), based in Woodland, California, has been designing, manufacturing, and servicing electronic sorters for over thirty years and has thousands of units deployed worldwide. WECO serves several industries including tomatoes, walnuts, blueberries, pecans and wine grapes. For more information, visit www.wecotek.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200210005819/en/

CONTACT: Duravant Media Contact:

Eleni Yianas

Vice President, Marketing

630.635.3914

Eleni.Yianas@duravant.comWECO Media Contact:

Lisa Bernard

Vice President, Marketing

lisa.b@wecotek.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA ILLINOIS

INDUSTRY KEYWORD: PACKAGING ENGINEERING RETAIL TECHNOLOGY MANUFACTURING OTHER TECHNOLOGY FOOD/BEVERAGE

SOURCE: Duravant LLC

Copyright Business Wire 2020.

PUB: 02/10/2020 05:03 PM/DISC: 02/10/2020 05:03 PM

http://www.businesswire.com/news/home/20200210005819/en