R-V Industries, Inc. Acquires Ackley Machine Corporation
R-V Industries, a leading U.S. industrial equipment manufacturer announced the acquisition of Ackley Machine Corporation, located in Moorestown, NJ. Ackley is a preeminent source for pharmaceutical and confectionary printing, laser marking/drilling, and vision inspection equipment.
“We are excited to add Ackley Machine to the R-V Industries family,” said Kirk A. Putt, president and CEO of R-V. “Ackley provided an opportunity to add both a high-quality product line and a team of talented individuals. We will leverage our collective strengths to provide the most innovative equipment solutions and services in the industry.”
Visit www.ackleymachine.com to learn more.
“We’re excited to begin this new journey as part of R-V Industries. By combining our strengths and our shared dedication to quality and innovation, we believe this synergy will elevate our capabilities and deliver enhanced value to our customers. This exciting partnership promises a future of growth and innovation.” The Ackley Management Team.
A History of Growth Through Acquisition
The Ackley acquisition continues R-V’s history of strategic growth through acquisition, following its recent acquisitions of MBC Aerosol, Genesis Packaging Technologies, AccuDraft, and Beta Star Life Science Equipment.
“Since our inception 49 years ago, industry diversity has been a key element of our business model. For our customers, employees, and suppliers, it delivers value in multiple ways: ensuring stability when economic downturns impact specific industries, creating value by enhancing efficiencies and scale, and providing growth paths and collaboration opportunities for our 300 employees,” noted Putt.
The Ackley acquisition adds a New Jersey manufacturing location to R-V’s Pennsylvania and Illinois facilities.
Ackley Machine Corporation was founded in 1976 by E. Michael Ackley to design and manufacture machines to print on consumable products. Ackley Machine is recognized as a leader in confectionary and pharmaceutical printing, laser marking, laser drilling and vision inspection technology.
Founded in 1974, R-V Industries is a leading industrial equipment supplier. R-V’s industrial equipment solutions help produce many well-known consumer products and services, creating a better life for people around the world. Through organic growth and strategic acquisitions, R-V serves a diverse set of customers across biotechnology, chemical, food & beverage, life sciences, nuclear waste, oil & gas, paper & pulp, pharmaceutical, and power generation industries. R-V is ranked as a top-25 U.S. fabricator by Fabtech magazine.