US – Adler Industrial Solutions, a growing company in the tooling and mold industry has completed the acquisition of R&D/Leverage to expand its reach and capabilities.
This transaction marks the second acquisition by Adler and gives the company expanded scale and a broader capability set in western Pennsylvania, which the company believes is critical geography for tool-making talent and an important center of American manufacturing.
Founded in 1975 by Ivan and Ardith Drienik, R&D is a leading manufacturer and supplier of mold types for the food and beverage, personal care, and healthcare markets.
Based in Lee’s Summit, the company is a pioneer in developing complex tooling solutions for the injection molding and blow molding industries.
Currently, R&D has over 250 employees split between its 180,000-square-foot and 60,000-square-foot manufacturing facilities in Lee’s Summit, Missouri, and Nottinghamshire, England, respectively.
“The acquisition of R&D is a milestone addition for Adler. The capabilities and skillsets of the R&D team are second to none and will only further raise the core competencies of the Adler group,” said Philipp Gruner, CEO of Adler.
“Adding adjacent markets such as blow molds, injection stretch blow molds, preform molds and higher complexity injection system molds to our capabilities allows Adler to offer more services to our existing and future customers while expanding our geographic reach within the United States and internationally.”
As a part of Adler, R&D will benefit from additional resources and investment.
Commenting on the close of the deal, Ardith Drienik said the acquisition is the ideal pathway forward for the company that she and her husband, Ivan, founded and dedicated their lives to the building.
“When I met the Adler founders, I knew I had found the right buyer. I wanted someone that shared my husband’s love of manufacturing and engineering, and someone who appreciates the value and contributions of the employees,” added Mrs. Drienik.
“I feel Ivan would agree with this decision that the Adler team’s record, energy, and vision will make them the ideal stewards of this amazing company.”
Meanwhile, in the last quarter of 2021, Adler completed the acquisition of Rapid Mold Solutions, Inc. (‘Rapid Mold’).
As a part of Adler, Rapid Mold has benefited from corporate functions, improved software tools, investing more heavily in state-of-the-art machinery and has expanded its ability to grow with its customers.
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