|By PR Newswire||
|March 10, 2014 03:45 PM EDT||
LOS ANGELES, March 10, 2014 /PRNewswire/ -- Griffin Holdings, LLC ("Griffin"), a privately held investment firm, has announced the completion of the acquisition of Tufco Technologies Inc. ("Tufco") (NASDAQ:TFCO) in a go-private transaction. Effective immediately, Tufco shares will be delisted and will cease to trade on the NASDAQ Capital Markets.
Tufco, based in Green Bay, Wisconsin, is EPA and FDA registered, and ISO 9001:2008 Certified, operating the largest contract manufacturing company of branded wet and dry wipes in the Unites States. In order to meet the needs of its wipes customers, Tufco also offers custom formulation development and blending as well as microbiological services. Tufco is also a provider of business-to-business wide web flexographic printing, and hot melt adhesive laminating.
Tufco's Business Imaging division, HAMCO Manufacturing ("HAMCO"), was also purchased in this transaction. HAMCO, based in Newton, North Carolina is a business-to-business category leader of custom printed POS and ATM rolls and business forms.
"Tufco Technologies is well regarded and respected in the markets it serves and we are delighted to add them to our investment portfolio. Tufco's presence in four different industries allows us to cast a wider net when looking for strategic acquisitions, add-ons and tuck-ins for this platform company", said a company spokesperson. "We welcome the loyal and hardworking employees of Tufco and HAMCO to the Griffin Holdings family".
ABOUT GRIFFIN HOLDINGS, LLC
Founded in 2008, Griffin Holdings, LLC is a Los Angeles, California based, privately held investment firm that specializes in leveraged buyouts, management buyouts, growth equity and recapitalizations. The company seeks to augment its portfolio company businesses by providing its operational and financial expertise. For more information please visit us at www.griffinhld.com
ABOUT TUFCO TECHNOLOGIES INC.
Tufco Technologies Inc., founded in 1992, provides integrated manufacturing services including wet wipe converting, wide web flexographic printing, hot melt adhesive laminating, folding, integrated downstream packaging, quality and microbiological process management, and manufactures and distributes business imaging paper products. The Company has become a leading provider of contract manufacturing and specialty printing services, and supplier of value-added custom paper products. The Company's principal executive offices are located at 3161 South Ridge Road, Green Bay, WI 54304/PO Box 23500, Green Bay, WI 54305-3500, and its telephone number is (920) 336-0054. For additional information about the Company, please visit www.tufco.com
For More Information Contact:
SOURCE Griffin Holdings, LLC
Dec. 8, 2016 09:45 PM EST Reads: 1,233
Dec. 8, 2016 09:15 PM EST Reads: 1,667
Dec. 8, 2016 09:15 PM EST Reads: 951
Dec. 8, 2016 08:30 PM EST Reads: 1,885
Dec. 8, 2016 07:45 PM EST Reads: 319
Dec. 8, 2016 07:15 PM EST Reads: 379
Dec. 8, 2016 06:45 PM EST Reads: 951
Dec. 8, 2016 05:45 PM EST Reads: 948
Dec. 8, 2016 05:45 PM EST Reads: 1,720
Dec. 8, 2016 05:00 PM EST Reads: 1,820
Dec. 8, 2016 04:45 PM EST Reads: 1,847
Dec. 8, 2016 04:45 PM EST Reads: 2,253
Dec. 8, 2016 04:30 PM EST Reads: 1,973
Dec. 8, 2016 04:30 PM EST Reads: 394
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Dec. 8, 2016 04:15 PM EST Reads: 313