Sequa Sells MEGTEC Systems to Private Equity Firm

Published: October 22, 2008

DE PERE, WI | Hamilton Robinson Capital Partners, a private equity firm based in Connecticut, announced that together with MEGTEC Systems management, it has acquired MEGTEC from parent company Sequa Corporation. The transaction involves all MEGTEC businesses, including the Printing Products (PPG) and Industrial and Environmental Products (IEPG) Groups and related Services Groups. MEGTEC will become a stand-alone company with no major change in management structure or day-to-day business operations.

MEGTEC is a global supplier to the printing, web coating, packaging, wood products and other process and energy markets. The company is headquartered in De Pere, WI, and has 14 facilities around the globe with more than 800 employees. In 2007 the company generated revenues in excess of $250 million.