Slice of Manufacturing
Posts
Duravant Expands Portfolio with Strategic Acquisition of T-TEK Material Handling

Duravant Expands Portfolio with Strategic Acquisition of T-TEK Material Handling

Slice of Manufacturing Team
August 27, 2024

Key Highlights:

Duravant acquires T-TEK, a leader in high-speed packaging machinery.
T-TEK specializes in palletizers, depalletizers, and custom automated lines.
Acquisition strengthens Duravant’s portfolio in food and beverage sectors.
T-TEK’s expertise aligns with Duravant’s brands, including nVenia and Wulftec.

Source (Business Wire)

Notable Quotes:

❝

“We’re excited to welcome T-TEK to Duravant. T-TEK has an impressive history of fostering strong customer relationships through a differentiated service delivery model.”

Mike Kachmer, Chairman and CEO at Duravant

❝

“T-TEK’s technology and equipment offering aligns perfectly with palletizing solutions offered by nVenia. With adjacent load containment solutions offered through Wulftec’s premier stretch wrapping and strapping technologies, customers have a trusted source for all their end-of-line packaging needs.”

David Malinas, Chief Operating Officer at Duravant

❝

“We are excited to join forces with Duravant and to collaborate across their family of Operating Companies. Duravant’s established infrastructure and extensive aftermarket network through Duravant Lifecycle Services will help us accelerate our growth with new customers and invest in resources and new technologies that will enable us to better serve our existing customer base.”

Michael Traff, President at T-TEK

Our Take:

The acquisition of T-TEK by Duravant marks a significant strategic expansion for Duravant’s end-of-line packaging capabilities, particularly in the high-growth food and beverage sectors. T-TEK’s renowned expertise in high-speed palletizing and custom automation solutions complements Duravant’s existing portfolio, offering a more comprehensive range of solutions under the Duravant umbrella. This move not only strengthens Duravant’s market position but also ensures their customers have access to advanced, integrated solutions for their packaging needs.