Key Takeaways
- • EDGE Industrial Technologies, a portfolio company of Falfurrias Management Partners, has acquired Harvest Blade of Salinas, Calif.; terms were not disclosed.
- • The deal combines Harvest Blade's nationwide resharpening service with EDGE's resharpening operation in Red Lion, Pa.
- • The acquisition gives EDGE a West Coast base to serve its food processing and packaging business.
- • Harvest Blade sharpens and replaces industrial blades on food processing, packaging, printing and converting lines, with a focus on food processing.
- • EDGE CEO Josh Slagle said the company plans to integrate Harvest Blade's resharpening and blade specialists into EDGE.
Summary
EDGE Industrial Technologies, a portfolio company of Falfurrias Management Partners, has acquired Harvest Blade, according to the publisher's announcement. Terms of the transaction were not disclosed.
The acquisition pairs Harvest Blade's nationwide resharpening service with EDGE's existing resharpening operation in Red Lion, Pennsylvania. It also gives EDGE a West Coast base for its food processing and packaging business, which the announcement presents as the strategic rationale for the deal.
Harvest Blade, based in Salinas, California, sharpens and replaces the industrial blades used on food processing, packaging, printing and converting lines. The company runs scheduled blade service for customers, with a particular focus on food processing.
EDGE makes, resharpens and distributes machine knives, punches and line components through brands including TGW, Pearl Technologies, Leverwood Knife Works and Carbonomics. The company operates in North America, Europe and Asia. Chief Executive Josh Slagle said EDGE plans to bring Harvest Blade's resharpening and blade specialists into the company.
The acquisition pairs Harvest Blade's nationwide resharpening service with EDGE's existing resharpening operation in Red Lion, Pennsylvania. It also gives EDGE a West Coast base for its food processing and packaging business, which the announcement presents as the strategic rationale for the deal.
Harvest Blade, based in Salinas, California, sharpens and replaces the industrial blades used on food processing, packaging, printing and converting lines. The company runs scheduled blade service for customers, with a particular focus on food processing.
EDGE makes, resharpens and distributes machine knives, punches and line components through brands including TGW, Pearl Technologies, Leverwood Knife Works and Carbonomics. The company operates in North America, Europe and Asia. Chief Executive Josh Slagle said EDGE plans to bring Harvest Blade's resharpening and blade specialists into the company.
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