Komar Acquires BACE

GROVEPORT, Ohio & CHARLOTTE, N.C.–(BUSINESS WIRE)–#BACE–Komar Industries (“Komar”), a leading designer and manufacturer of industrial waste and recycling processing systems, announced today that it has acquired BACE, LLC (“BACE”), a leading equipment manufacturer, technology innovator and national service provider for balers, stationary compactors, and self-contained compactors in the waste and recycling industry.

“BACE has earned a strong reputation within the waste processing equipment industry for its high-quality products, state-of-the-art technology, and customer service-focused orientation and has been scaling rapidly as a result,” said Mark Koenig, Komar’s President and CEO. “Through this partnership, we now have the opportunity to offer a wider set of products and capabilities to offer our collective customers, including an enhanced aftermarket service platform.”

“We are incredibly excited about the growth opportunities that lie ahead for BACE working alongside our new partner Komar,” said Frederick Waite, BACE’s Co-Founder and CEO. “Over the past 15 years, we have built BACE into one of North America’s premier baler and compactor providers while driving industry innovation with our patented IntelliBACE™ Platform. Our team is thrilled to have found a partner like Komar who shares our core values, culture, quality standards, and commitment to our customers and employees.”

BACE will continue to be led by its existing leadership team, who will become shareholders in the combined organization as part of the transaction. The respective leadership teams see tremendous value in leveraging each company’s engineering and technological capabilities to drive further innovation within the waste and recycling industry.

About Komar

Headquartered in Groveport, OH, Komar is a leading designer and manufacturer of industrial waste and recycling processing systems. Komar specializes in auger processing technology and provides a comprehensive portfolio of products, including auger compactors, industrial shredders, continuous feed systems, flatteners / dewatering systems and organic separation presses. Established in 1977, Komar’s products enable its customers to improve their processing of waste streams (e.g., corrugate, wood, e-waste, organics) while reducing their carbon footprint and their transportation, energy, maintenance and labor costs.

About BACE

Headquartered in Charlotte, North Carolina and founded in 2006, BACE specializes in the design and manufacture of balers, stationary compactors, self-contained compactors and serves a diversified base of blue-chip customers. BACE is also the creator of the patented IntelliBACE™ platform, an innovative business intelligence and analytics platform offering unmatched accountability and transparency.

Contacts

Media contact:

Frederick Waite

704-394-2230

info@bacecorp.com