This strategic acquisition will help Gerard Daniel to further establish its presence in the European Union.
Dr Martin Dunkel, 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,” said Dr Dunkel.
Jack Slinger, Gerard Daniel’s CEO, said: “The addition of Rhodius KMS to the Gerard Daniel group of companies expands our manufacturing capabilities, global footprint, and engineering organizations. We are excited to help the Rhodius team expand their product distribution further into the North American market, while also working with the existing customer base to increase Rhodius’ revenues within the core business. We will continue to serve our customers through the people they have built relationships with and trust.”
There are no immediate plans to change brand strategies or locations.
Gerard Daniel Worldwide is a Graycliff Partners portfolio company.
