Gerard Daniel Worldwide Acquires Rhodius KMS
Retrieved on:
Tuesday, December 12, 2023
HANOVER, Pa., Dec. 12, 2023 /PRNewswire/ -- Gerard Daniel Worldwide, a Graycliff Partners portfolio company providing wire mesh and filtration solutions across the globe, today announced the upcoming acquisition of the KMS division of Rhodius GmbH, a manufacturer of knitted wire mesh used in many industries including the growing Fuel Cell & Electrolyzer markets.
Key Points:
- HANOVER, Pa., Dec. 12, 2023 /PRNewswire/ -- Gerard Daniel Worldwide, a Graycliff Partners portfolio company providing wire mesh and filtration solutions across the globe, today announced the upcoming acquisition of the KMS division of Rhodius GmbH, a manufacturer of knitted wire mesh used in many industries including the growing Fuel Cell & Electrolyzer markets.
- This strategic acquisition helps Gerard Daniel to further establish its presence in the EU.
- Dr. Martin Dunkel, the Managing Director of Rhodius KMS, will continue to manage the business: "I am delighted that Rhodius KMS, as part of Gerard Daniel Worldwide, will be able to pursue its growth potential in an even more targeted manner in the future and thus expand the Weissenburg site."
- Jack Slinger, Gerard Daniel's chief executive officer states, "The addition of Rhodius KMS to the Gerard Daniel group of companies expands our manufacturing capabilities, global footprint, and engineering organizations.