Komar Industries (“Komar”), a leading designer and manufacturer of industrial waste and recycling processing systems, announced today that it has acquired BACE, LLC (“BACE”), a leading equipment manufacturer, technology innovator and national service provider for balers, stationary compactors, and self-contained compactors in the waste and recycling industry.
“BACE has earned a strong reputation within the waste processing equipment industry for its high-quality products, state-of-the-art technology, and customer service-focused orientation and has been scaling rapidly as a result,” said Mark Koenig, Komar’s President and CEO. “Through this partnership, we now have the opportunity to offer a wider set of products and capabilities to offer our collective customers, including an enhanced aftermarket service platform.”
“We are incredibly excited about the growth opportunities that lie ahead for BACE working alongside our new partner Komar,” said Frederick Waite, BACE’s Co-Founder and CEO. “Over the past 15 years, we have built BACE into one of North America’s premier baler and compactor providers while driving industry innovation with our patented IntelliBACE™ Platform. Our team is thrilled to have found a partner like Komar who shares our core values, culture, quality standards, and commitment to our customers and employees.”
BACE will continue to be led by its existing leadership team, who will become shareholders in the combined organization as part of the transaction. The respective leadership teams see tremendous value in leveraging each company’s engineering and technological capabilities to drive further innovation within the waste and recycling industry.