Unibloc Pump, a Kennesaw, Ga.-based manufacturer of solutions for sanitary flow-control applications, said it was acquired by May River Capital, a Chicago-based private equity firm focused on helping high-caliber industrial businesses grow and prosper.
Founded in 1984 by Harry Soderstrom, Unibloc Pump said it has built a reputation for innovation within critical sanitary process manufacturing applications, including the food and beverage, pharmaceutical, bakery and confection, meat and poultry, brewery and transportation industries. Through the leadership of Harry Soderstrom, Unibloc Pump has witnessed significant growth over the years at both its headquarters in the metro-Atlanta area, as well as its second facility located in Beckum, Germany.
"Unibloc Pump is launching a new and exciting chapter with May River Capital," said Soderstrom. "May River's approach to building business through collaboration is exactly what I was seeking as I looked ahead to the opportunities awaiting our company. ... This partnership will enable us to accelerate our growth initiatives and better serve our customers' needs.”
Soderstrom will continue with Unibloc Pump as chief growth officer, where he will leverage his expertise in driving growth for the company through finding new markets, customers, products and business partners. Joining the leadership team with Soderstrom will be Chris Stevens, CEO, who will provide commercial leadership with strengths in business-to-business marketing, channel management and sales, Unibloc Pump said.
The timing of the news follows Unibloc Pump's expansion in mid-December 2020. The company said it recently moved its U.S. operations into a state-of-the-art facility in Kennesaw that is three times larger than its prior facility located in Marietta, Ga. The new 41,000-square-foot facility supports Soderstrom and Stevens' aligned vision for growth through ongoing investment in employees and the company.