Pearl Technologies merges with TGW to form blade and packaging firm

17 September 2018 (Last Updated September 17th, 2018 11:47)

Blue Wolf Capital Partners portfolio companies Pearl Technologies and TGW Holdings (TGW) have merged to create a blade and packaging manufacturing firm.

Blue Wolf Capital Partners portfolio companies Pearl Technologies and TGW Holdings (TGW) have merged to create a blade and packaging manufacturing firm.

Pearl Technologies is a supplier of flexible packaging and blown film, while TGW is specialised in machine knife manufacturing.

Known as Edge Industrial Technologies, the combined entity will provide aftermarket consumables to the food processing, packaging, converting and extrusion industries.

The company, which will be headquartered in Wilder, Kentucky, US will manufacture machine knives, blades, cutters, punches, perforators, sealers, machine adapters and carriages, air cylinders, assemblies, and ball punches.

Edge Industrial Technologies’ product offering also includes bubble guides, chilled bubble cages, collapsing frame guides, slats and gusset boards to improve the performance of blown film extrusion equipment.

“We have reached this critical milestone as a result of the hard work and dedication of generations of employees selling superior products around the world.”

Edge Industrial Technologies CEO Rick Tattersfield said: “Combining TGW and Pearl is about bringing together two industry powerhouses to fuel topline growth. We have reached this critical milestone as a result of the hard work and dedication of generations of employees selling superior products around the world.

“The team at Blue Wolf has expertise in helping to scale businesses, and we look forward to working with them to grow Edge Industrial Technologies and enable it to reach its full potential.”

The company will operate through manufacturing facilities located in England, the US and India.

Blue Wolf Capital partner Michael Ranson said: “The combined scale, broad geographic footprint and a strong commitment to customer service and quality products means that the combined company is well positioned for long-term growth.”

Robert Woodbury, who previously served as chief financial officer (CFO) at QD Vision, GT Solar and Brooks Automation, joined Edge Industrial Technologies as CFO.