Wabash, Indiana-based Martin Yale Industries, a maker of paper handling and paper finishing equipment, announces its acquisition of Shawnee, Kansas-based DryLam, which makes laminating systems and films.
Dry-Lam sells to both the office product and commercial print finishing markets. Its expertise in laminating machines, films, transparencies, and tissue will expand Martin Yale’s product offerings and service, the company says.
“Dry-Lam’s two primary distribution channels, office products and commercial print, closely mirror our current go-to market channels,” says Greg German, president of Martin Yale. “It is extremely exciting to add laminating to our product portfolio. This acquisition enables us to leverage already existing relationships of the two companies, giving strong Dry-Lam customers access to Martin Yale products and strong Martin Yale customers access to leading lamination products.”
As part of the acquisition, Dry-Lam’s distribution center will be relocated to Martin Yale’s facility in Wabash.