SALT LAKE CITY, Sept. 23, 2024 /PRNewswire/ — American Holt, a portfolio corporate of Arcline Funding Control, lately introduced the purchase of Servi-Tech, Ind. (“STI” or “Servi-Tech”), a chief supplier of o.e.m substitute portions for manufacturing equipment worn within the beverage packaging trade.
Based in 1969 and primarily based in Salt Pool Town, Utah, Servi-Tech focuses on aftermarket substitute portions for aluminum beverage can initiation and bottle filling apparatus.
The purchase builds at the American Holt platform, which now options American Holt, DMA, and STI – 3 complementary industry devices specializing in offering aftermarket portions for high-throughput manufacturing equipment within the meals and beverage trade. Jeff Nish, the founder and chief of STI, will proceed with the industry to aid its upcoming section of progress along American Holt.
Cliff Gilbert, CEO of the American Holt platform, commented, “Jeff and the Servi-Tech team have built a reputation for offering customers high-ROI alternatives to traditional original equipment manufacturer (OEM) parts – often with better performance and quality. American Holt and STI are respected brands in the aftermarket parts space and together provide a compelling value proposition to food and beverage machinery end users as a leading provider of high-quality parts. We are excited to continue expanding our portfolio of products and service capabilities to better serve our customers.”
Mr. Nish mentioned, “We are excited to join the American Holt family. For over 50 years, STI has produced high-quality replacement parts for the beverage industry. As the second-generation owner of the business, my family is dedicated to our customers and this new chapter with American Holt.”
About American Holt
American Holt is a technology-enabled supplier of top quality aftermarket substitute portions for manufacturing and processing equipment worn in different high-throughput production environments. It focuses on portions supporting the meals and beverage, paper changing, subject matter dealing with, and warehousing production processes amongst alternative high-usage sectors. For more info consult with www.americanholt.com.
About Servi-Tech, Ind.
Servi-Tech is an engineer-driven group that designs and manufactures high-performance aftermarket substitute portions for manufacturing equipment within the beverage packaging sector. STI offer substitute portions for OEM machines at just about each degree of the producing procedure. For more info consult with servi-tech.com.
About Arcline Funding Control
Arcline Funding Control is a growth-oriented personal fairness company with $8.9 billion in cumulative capital loyalty. Arcline seeks to put money into know-how pushed, significant to the arena business companies that permit a greater pace. For more info consult with www.arcline.com.
Media Touch:
Tim Ragones / Kate Thompson / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
SOURCE American Holt
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