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Private Equity | Industrial Machinery & Components

Sandar Industries, Inc. has been acquired by Ryeco, LLC

The shareholders of Sandar Industries, Inc. have sold the company to Ryeco, LLC.

Sandar, headquartered in Atlantic Beach, Florida, designs, engineers, manufactures, assembles and sells equipment for the pulp and paper industry. In addition to the equipment, the company provides support with sales of consumables, spare parts and field services that follow each equipment installation. Sandar was founded in 1975 by Peter Rodriguez, who, having worked in the pulp and paper industry for several years, noted the hazards and inefficiencies associated with transferring a web of paper from a full reel to an empty spool. This led him to develop and patent the first Turn-Up System Automatic, a system that would keep operators safe while ensuring wrinkle-free reliable turn-ups. Since then, Sandar’s technology has become an industry standard with over 2,000 installations and estimated savings of 300 million metric tons of product per year.

Ryeco, based in Marietta, Georgia, was founded in 1989 and is a leading manufacturer of quality control systems and sheet break detection devices for the paper, packaging and converting industry. Ryeco is backed by Bellview Capital Partners, an Atlanta-based private equity firm that focuses on partnering with family-owned businesses and corporations across the Southeast.

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

Parties
“Working with Oaklins Heritage during the process of selling our business has been an extraordinary experience. The deal team’s expertise, professionalism and unwavering dedication has exceeded all our expectations. Their deep understanding of the market, meticulous attention to detail, and strategic guidance have played a pivotal role in achieving a successful outcome. We are immensely grateful for their exceptional service and would highly recommend them to anyone seeking a seamless and rewarding business sale journey.”

Jason and Victor Rodriguez

Owners, Sandar Industries, Inc.

Talk to the deal team

Joe Hawkins

Principal
Jacksonville, United States
Oaklins Heritage

Howard C. Serkin

Principal
Jacksonville, United States
Oaklins Heritage

JP Allen

Senior Analyst
Jacksonville, United States
Oaklins Heritage

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