ProMach Completes Acquisition of Global Capping Leader André Zalkin

• ProMach strengthens position for global growth
• Zalkin team remains intact and based in France
• ProMach to advance investments in Zalkin brand and facilities

Cincinnati, OH - ProMach, Inc. announced today the completion of its acquisition of leading global capping machinery manufacturer Ets. André Zalkin & Cie. Financial terms of the transaction were not disclosed. Zalkin’s management team and employees will continue to operate from their facilities in Montreuil L’Argillé and Rueil-Malmaison, France.

ProMach owned a minority stake in Zalkin before acquiring the remaining shares this week. The two companies have enjoyed a more than 40-year successful relationship that began when ProMach’s Fowler Products division and Zalkin initiated a partnership in 1972. Together, Fowler and Zalkin have delivered advanced capping solutions to a diverse customer base of food, beverage, pharmaceutical, and consumer goods companies.

ProMach is one of North America’s largest packaging machinery and integrated system providers, with more than 20 equipment brands sold throughout the world. It manufactures and supports solutions for primary and secondary packaging, flexible packaging, processing, end of line, material handling, and identification and tracking. In recent years ProMach has increased its focus on markets outside North America, particularly Latin America and Europe.

“ProMach and Zalkin have an impressive history of customer satisfaction and business success together,” said Mark Anderson, ProMach President and CEO. “We’re proud to welcome Zalkin’s outstanding team to the ProMach family. We share the same commitment for delivering superior productivity, quality, and value to our customers. We look forward to working together to accelerate growth and strengthen our position as a global leader in packaging solutions. I firmly believe our most rewarding accomplishments together are still to come.”

Zalkin, founded in 1932, is a leading capping machinery brand that stands out among competitors for its advanced technology and high-speed capping quality and reliability. Zalkin manufactures screw, push-on, and Roll-on Pilfer Proof (ROPP) capping machines, as well as cap sorters, elevators, and decappers. Zalkin produces both standard and highly customized solutions and has developed long-term relationships with many of the world’s leading consumer and industrial brands. ProMach will continue to invest in the Zalkin brand and facilities in France, including completion of an upcoming factory expansion.

“This is a win-win for our customers and the Zalkin team,” said Zalkin General Manager Michel Marion. “ProMach provides strength, stability, and investment that will allow us to grow faster and continue developing the world’s best capping products and solutions. Our customers will also have greater access to the entire ProMach product line. We’re excited about our opportunities to grow together and the additional resources to serve our global customers.”

About Zalkin

Zalkin, founded in 1932, is a leading global provider of standard and customized capping solutions, including high-speed, high quality cappers, decappers, sorters and elevators. Zalkin has a large base of satisfied customers in a wide range of industries including food, beverage, pharmaceutical, consumer goods, and industrial products. Zalkin is based in France with a manufacturing facility in Montreuil L’Argillé (in Normandy) and a sales and customer support office in Rueil-Malmaison near Paris. For more information about Zalkin visit www.zalkin.fr.