Duravant reaches deal to acquire Cloud Packaging Solutions

17 November 2020 (Last Updated November 17th, 2020 12:23)

Engineering equipment and automation solutions provider Duravant has signed a definitive agreement with Hearthside Food Solutions to acquire Cloud Packaging Solutions (Cloud).

Engineering equipment and automation solutions provider Duravant has signed a definitive agreement with Hearthside Food Solutions to acquire Cloud Packaging Solutions (Cloud).

Headquartered in Des Plaines, Illinois, Cloud specialises in manufacturing of high-speed horizontal flexible packaging equipment.

The acquisition is expected to accelerate Duravant’s expansion into new markets.

Financial details of the acquisition have not been disclosed by the companies.

Duravant president and CEO Mike Kachmer said: “I couldn’t imagine a more complementary addition to the Duravant family of operating companies.

“The Cloud equipment portfolio perfectly aligns with Mespack’s product solutions. Cloud’s highly regarded service team coupled with our SupportPro technicians means more feet on the street servicing Duravant flexible pouch equipment. Companies ranging from a multi-national CPG to a regional contract packager have a fit-for-purpose, best-in-class solution available to them through Duravant.”

Cloud, which was initially acquired by Hearthside in 2013, brings patented rotary soluble pod equipment and ultra-high-speed packet, pouch, and sachet machines for Duravant.

Additionally, it adds an industry standard sweetener packet production line, Cloud Performa line and the Cloud Hydroforma line for the soluble pod rotary sector.

Hearthside CEO Chuck Metzger said: “Cloud has continued to thrive as part of Hearthside, and we will continue to be a Cloud equipment customer.

“Today’s intensive global automation market is highly competitive. We believe Cloud’s continued growth and success as part of Duravant will enable them to continue to innovate, creating new value for global food and CPG brands.”

In March this year, Duravant completed the acquisition of optical colour and defect sorting equipment manufacturer Woodside Electronics Corporation (WECO).