04.07.22
Admix, Inc. announced the acquisition of Diaf Pilvad ApS of Denmark, a manufacturer and supplier of dispersion and agitation equipment to the food, pharmaceutical and chemical industries, specializing in the paint, varnish, and printing ink sectors.
The acquisition comes on the heels of Admix Inc.’s 33rd anniversary since its founding in 1989 and is a step forward for Admix in expanding dispersion and agitation product lines and service offerings.
Providing everything from laboratory scale agitators to large turnkey projects, Diaf Pilvad offers more than 100 years of experience and expertise to the industrial sector, with its machinery exported worldwide and supported by qualified local representatives.
“We are thrilled to bring Diaf Pilvad on board,” Mike Rizzo, CEO of Admix, Inc. said. “They are a company with a talented team whose standards for creating the best possible cus-tomer experience are aligned with our values. Their long-standing reputation for quality and reliability, combined with years of industrial expertise, fits perfectly with our EMEA and global growth strategy.”
“The acquisition will accelerate our ability to offer processors of paints, coatings, inks, and other chemical products, a complete solution for their mixing operations as well as provide an extensive engineering and manufacturing capability for our EMEA customers,” said Knud Erik Juhl Jensen, GM of Admix Europe. “With this acquisition we will be able to grow and further develop our business in EMEA. We plan to relocate our Admix Europe opera-tions to Diaf Pilvad’s facility in Fredensborg to fully integrate our businesses and organiza-tions, and plan to hire additional employees in the near future.”
Diaf Pilvad ApS has been 100% owned and managed by Erik Pilvad, who said, “I am very pleased that it is precisely Admix Europe ApS who is purchasing my company. We have had a good business collaboration for many years, as we operate in terms of products within the same industry area. In my opinion, the merger is a perfect match, where signif-icant synergies are achieved by merging the two companies.”
Pilvad will continue with the company for six months, contributing his wealth of knowledge and experience and to aid in a successful transition.
“I started the company back in 1973, so it is very dear to me, and I will do everything to ensure a good future for the company and its employees. The plan is for the combined company to continue from the premises in Fredensborg,” Pilvad said.
The acquisition comes on the heels of Admix Inc.’s 33rd anniversary since its founding in 1989 and is a step forward for Admix in expanding dispersion and agitation product lines and service offerings.
Providing everything from laboratory scale agitators to large turnkey projects, Diaf Pilvad offers more than 100 years of experience and expertise to the industrial sector, with its machinery exported worldwide and supported by qualified local representatives.
“We are thrilled to bring Diaf Pilvad on board,” Mike Rizzo, CEO of Admix, Inc. said. “They are a company with a talented team whose standards for creating the best possible cus-tomer experience are aligned with our values. Their long-standing reputation for quality and reliability, combined with years of industrial expertise, fits perfectly with our EMEA and global growth strategy.”
“The acquisition will accelerate our ability to offer processors of paints, coatings, inks, and other chemical products, a complete solution for their mixing operations as well as provide an extensive engineering and manufacturing capability for our EMEA customers,” said Knud Erik Juhl Jensen, GM of Admix Europe. “With this acquisition we will be able to grow and further develop our business in EMEA. We plan to relocate our Admix Europe opera-tions to Diaf Pilvad’s facility in Fredensborg to fully integrate our businesses and organiza-tions, and plan to hire additional employees in the near future.”
Diaf Pilvad ApS has been 100% owned and managed by Erik Pilvad, who said, “I am very pleased that it is precisely Admix Europe ApS who is purchasing my company. We have had a good business collaboration for many years, as we operate in terms of products within the same industry area. In my opinion, the merger is a perfect match, where signif-icant synergies are achieved by merging the two companies.”
Pilvad will continue with the company for six months, contributing his wealth of knowledge and experience and to aid in a successful transition.
“I started the company back in 1973, so it is very dear to me, and I will do everything to ensure a good future for the company and its employees. The plan is for the combined company to continue from the premises in Fredensborg,” Pilvad said.