CHIPPEWA FALLS, Wis., Jan. 4, 2011 /PRNewswire/ -- Extrusion Dies Industries, LLC ("EDI"), a leading designer and manufacturer of extrusion dies and coating heads for plastic processors and web converters, announced today that it has completed a recapitalization of the company with financing provided by Bertram Capital, a private equity firm based in San Mateo, California.
"We are thrilled to partner with Bertram Capital to achieve our shared vision of accelerating growth in our core business," said John Ulcej, President of EDI. "Bertram's operational expertise, strategic resources and deep experience working with global industrial companies will enable EDI to grow our business, while continuing to meet our customers' changing needs. We look forward to expanding our reach while maintaining our commitment to quality, performance and customer service."
EDI designs and manufactures extrusion dies, coating heads and related products for producers of cast film, sheet, coatings and laminates. The company's customers serve a variety of dynamic end markets, including: plastic packaging, building products, consumer goods, electronics, medical and alternative energy. EDI has manufacturing operations in Chippewa Falls, Wisconsin; Reichshof-Wehnrath, Germany; and Shanghai, China. The company also maintains an extensive network of agents providing comprehensive sales and technical support throughout the world.
Kevin Yamashita, Partner at Bertram Capital, added, "EDI has established a world-class brand and has distinguished itself as the industry's quality leader. The company is uniquely positioned for growth through its design capabilities, manufacturing expertise and long-standing customer relationships. We are excited to have the opportunity to partner with the EDI team and help them build upon the successes they've achieved to date."
About EDI: Founded in 1971, EDI designs and manufactures extrusion dies and coating heads. The company's ISO 9001:2000 compliant operations integrate all stages of the manufacturing process, from initial design concepts, engineering and cutting of tool steel. EDI seeks to aid plastics processors and web converters through constant innovation, its global reach and ongoing service and support.
About Bertram Capital
Founded in 2006, Bertram Capital is a private equity investment firm with more than $850 million in capital under management. Bertram Capital's mission is to build value for equity holders, employees, customers, and partners by helping already profitable companies realize their full potential. View www.bertramcapital.com for more information.
SOURCE Bertram Capital