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ProMach<\/a>, a worldwide leader in processing and packaging machinery and related solutions, has announced that it has acquired Lako Tool & Manufacturing, an international leader in high-quality, durable components for the flexible packaging industry. Lako designs and manufactures high-performance sealing, cutting and punching solutions, along with associated tooling, for flexible film packaging machines<\/a>. The company is known for its expertise in developing unique, high-performance sealing solutions for demanding applications within high-precision packaging machinery. This acquisition further expands ProMach\u2019s significant capabilities in the flexible packaging sector of the consumer-packaged goods market.<\/p>\n \u201cWe are excited to welcome the Lako team to ProMach,\u201d said ProMach President and CEO Mark Anderson. \u201cTheir addition to our business continues the expansion of our product solutions portfolio, and it significantly expands our ability to serve our customers.\u201d\u00a0<\/p>\n Anderson continued, \u201cLako is well recognized for quality designs, precision engineering and high-quality component manufacturing. With a world class reputation for understanding complex customer requirements and delivering solutions that extend part lifecycles and ensure superior sealing for challenging, sustainable materials, we are proud to welcome their best in class products into the ProMach portfolio. Also, the synergies with other ProMach companies are exciting for both our company and our customers. Lako will be a great addition to the ProMach family, and we look forward to continuing to serve their loyal customer base at the highest level in the industry.\u201d<\/p>\n Lako was founded in 1976 in Perrysburg, Ohio, and was acquired by John Sullivan in 2007. The company serves several end markets, including snack, tobacco, personal care<\/a> and pet food. Lako\u2019s 59 employees will join ProMach\u2019s Systems & Process business unit led by Group President Ryan McCart. ProMach\u2019s flexible packaging business line includes Matrix and Bartelt<\/a>, both of which provide packaging equipment solutions to package flexible products, in flexible materials, such as bags and pouches.<\/p>\n Lako will report directly to Don Deubel, Senior Vice President of ProMach\u2019s flexible packaging business line. \u201cThe addition of Lako to ProMach underscores our commitment to providing our customers with the best products and aftermarket support in the industry. We believe that Lako\u2019s consultative approach to solving complex technical challenges and their strong focus on lifecycle solutions will allow ProMach to be an even more significant partner to our shared customers in the flexible packaging segment,\u201d said Deubel.<\/p>\n Lako CEO John Bialecki will join ProMach as Lako\u2019s Vice President\/General Manager. \u201cWe are excited to join the ProMach family,\u201d said Bialecki. \u201cI have been blessed to work with our previous owner, John Sullivan, for almost 20 years. His vision and guidance have allowed us to grow this business into a world-class solutions provider, and we are all personally grateful to him. In addition, being a part of ProMach will allow us to significantly scale Lako by leveraging the tools, processes, and customer relationships that ProMach has developed,\u201d Bialecki continued.\u00a0<\/p>\n \u201cWe have known ProMach for many years, and we share similar philosophies around the importance of serving our customers well. We are thrilled to join the ProMach team.\u201d<\/p>\n For more information about Lako, visit https:\/\/www.lakotool.com<\/a>.<\/p>\n<\/div>\n