FREMONT, OH — Crown Mats and Matting has been acquired by Desco Capital, according to a press release.
Desco Capital is a privately held company headquartered in Columbus, Ohio; its team of executives and professionals has been acquiring and operating industrial businesses in the U.S., Europe and Asia since 1966, with revenues of up to $150 million each, the release stated.
According to the release, the acquisition was a team effort, involving both Crown management and executives at Desco Capital.
“Technological innovation and superior service have always been key strengths of Crown Mats and Matting. With the financial, strategic and other support of Desco, Crown Mats looks forward to becoming an even more important manufacturer in the matting and professional cleaning industries, growing and enhancing our business. We’re very enthusiastic about our future with Desco,” said Randy Dobbs, president and chief operating officer (COO) of Crown Mats and Matting.
Click here to read the release in its entirety.