R-V Industries, Inc. acquires R.W. Hartnett
Honey Brook, Pennsylvania – R-V Industries, a leading provider of industrial engineering and manufacturing solutions announces the acquisition of R.W. Hartnett (“Hartnett”), located in Philadelphia, PA. Hartnett, founded in 1880, is the most experienced source for pharmaceutical, nutraceutical, and confectionary printing, laser writing/drilling, and vision inspection equipment.
“The Hartnett acquisition expands our products and services in the food and pharmaceutical industries,” said Kirk A. Putt, president and CEO of R-V. “Anne and Keith Boyce have done a great job developing the Hartnett product line and servicing their clients worldwide. Together, with our other relevant divisions, we will scale and recognize efficiencies to provide the best industrial equipment and services to our clients.”
Hear from Hartnett
The Boyce family – Anne, Keith, Sean, and Kyle – will continue managing the operation and team of 32 employees out of the Philadelphia, PA facility. Hartnett will continue to operate under the R.W. Hartnett name, as a division of R-V Industries, ensuring a smooth transition for employees and clients.
“We’re excited to join R-V Industries”, said Anne Boyce, president of Hartnett. “This presented an opportunity to continue my family’s legacy by partnering with a local company to leverage our strengths and provide even greater value to our customers.”
A History of Growth Through Acquisition
The Hartnett acquisition continues R-V’s history of strategic growth through acquisition, following its recent acquisitions of Ackley Machine Corporation, 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 340 employees,” noted Putt.
The R.W. Hartnett acquisition adds another Pennsylvania manufacturing location to R-V’s existing Pennsylvania, New Jersey, and Illinois facilities.
R.W. Hartnett was founded in 1880 on “Printers Row” in Philadelphia to service printing machines. Hartnett 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 The Fabricator magazine.
Serving Customers Worldwide