BRIEF

on Indicor

Indicor Expands Market Leadership by Acquiring AGR International

Indicor, LLC., a prominent diversified industrial company known for providing specialized, mission-critical technologies across various niche markets, has recently announced its acquisition of AGR International. AGR International is recognized for its outstanding contribution to quality and process control technologies, particularly catering to the global beverage packaging sector.

AGR International's portfolio includes advanced laboratory and inline equipment as well as automated process systems, facilitating container manufacturers and brand owners in achieving their quality management objectives. This acquisition is highlighted by Indicor's CEO, Dough Wright, as a strategic move aligning with Indicor's capital deployment strategy, aiming to partner with leading businesses to enhance Indicor's long-term financial returns.

The operational structure of AGR will remain intact, with the current management team, led by President Sudha Jebadurai, continuing to operate from its headquarters in Butler, PA. There will be no changes to the company’s name, brands, or operational footprint post-transaction, ensuring continuity in AGR's commitment to quality and sustainability in the beverage packaging industry.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Indicor news