May River Capital launches Advanced Material Processing and acquires Kason
May River Capital, a Chicago-based private equity firm focused on lower-middle market industrial growth companies, has formed Advanced Material Processing, a new company focused on material processing equipment for such sectors as food and beverage, pharmaceutical, nutraceutical and chemical. Concurrent with the launch, May River has acquired Kason Corporation, which will be a part of AMP along with May River's existing portfolio company Marion Process Solutions. No financial terms were disclosed. Headquartered in Milburn, New Jersey, Kason is a maker of screening, drying, cooling and processing equipment.
4 September 2019•3 mins read
