Graham Group, the parent company of blowmolding equipment maker Graham Engineering Corp. (GEC), recently acquired controlling interest in American Kuhne, the Ashaway, RI-based, manufacturer of extruders, screws, and integrated extrusion systems. The terms of the deal have not been disclosed.
The controlling interest was acquired from The Kuhne Group of Sankt Augustin, Germany, which is owned by Peter Kuhne.
"We have been looking at growth opportunities the last couple of years but taking our time to find a complementary fit as far as philosophy and technology," Dave Yenor, VP of Global Business Development for GEC, told PlasticsToday. "We had begun a process to vet potential candidates that might be suitable to acquire. One thing lead to another, and we started conversations with American Kuhne."…