ELK GROVE, IL — LA-CO Industries, Delaware, has acquired the majority ownership of Intrama S.A.S. Intrama is a leading European industrial marking products manufacturer and distributor based in Blyes, France. Over the past several years, Intrama and LA-CO Industries have built a strong cross distribution relationship. Intrama’s brand and products lines strongly compliment the Markal range of markers which are widely used in industrial applications ranging from steel production, automotive assembly, ship building, metal fabrication, building construction, lumber / timber processing and many more.
Olivier Magnin, the former majority owner of Intrama S.A.S., will retain the role of President, Director General for the new company. Olivier will continue to be supported by his current team of personnel mainly based at their headquarters in Blyes, France.
Dan Kleiman, CEO of LA-CO Industries noted, “The experience of the Intrama personnel will strengthen our knowledge base in several ways, including marker manufacturing, European logistics, R&D and accelerating our commercial interests via their sales team.” LA-CO Industries was assisted in this acquisition by Bulkley Capital, L.P. of Dallas Texas. Bulkley Capital provided expertise during the acquisition process and acted as a financial advisor during this transaction.