Parker Hannifin is the perfect company to take PpTek and drive it to the next level.
This transaction strongly positions G.W. Shultz Tool’s success for the next level of growth by adding complementary partners to our organization. Specifically, this recapitalization allocates resources to GWS that we deemed critical in order to optimize the future trajectory within our key markets where we’ve sustained growth.
From our initial discussions with Grafoid’s President and Chief Technology Officer, Dr. Gordon Chiu, it was very clear that Braille Battery was the perfect vehicle for winning the race to market for graphene technology.
With Indutrade as a new owner we receive long-term stability and the right support for further growth.
The transaction suited my objectives and the buyer represents a perfect fit for the company going forward.
Securing a deal with such a large company secures the continued success for Bailey Morris and hopefully provides greater possibilities for increased growth.
As the company has been in my family for such a long time it was hugely important for us to not just get the best price but also guarantee the company’s future. From the start Benchmark International showed a strong appreciation for this and they worked well to produce a strong list of potential trade buyers who could successfully run and further grow the company.
Despite generating a number of interested parties, Benchmark International found the perfect acquirer within the first month of marketing the company. We were thrilled with their efforts and professionalism, and delighted we found an ideal match to drive the company forward.