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Unibloc Pump Acquired by May River Capital
Jan 08 2021
Unibloc Pump, a 36-year leader in the manufacture of positive displacement pumps, strainers, valves, bubble traps and other solutions for sanitary flow control applications, has announced it has been acquired by May River Capital, a Midwest-based private equity firm focused on helping high-calibre industrial businesses grow and prosper.
Founded in 1984 by Harry Soderstrom, Unibloc Pump has built a strong reputation for innovation within critical sanitary process manufacturing applications, including the food and beverage, pharmaceutical, bakery and confection, meat and poultry, brewery, and transportation industries. Through the leadership of Harry Soderstrom, Unibloc Pump has witnessed significant growth over the years at both its headquarters in the metro-Atlanta area as well as its second facility located in Beckum, Germany.
“Unibloc Pump is launching a new and exciting chapter with May River Capital,” said Soderstrom. “May River’s approach to building business through collaboration is exactly what I was seeking as I looked ahead to the opportunities awaiting our company. We are pleased we’ve found a partner who values the engineering, skills, craftsmanship and most importantly, the culture we’ve nurtured here. This partnership will enable us to accelerate our growth initiatives and better serve our customers’ needs,” Soderstrom said.
Soderstrom will continue with Unibloc Pump as Chief Growth Officer, where he will utilise his expertise in driving growth for the company through finding new markets, customers, products, and business partners.
Joining the leadership team with Soderstrom will be Chris Stevens, Chief Executive Officer, who will provide commercial leadership with strengths in business-to-business marketing, channel management, and sales.
“Harry’s years of industry expertise and leadership paired with Unibloc’s talented and hard-working employees have made the company the great success it is today,” Stevens said. “We are committed to building upon Harry’s rich legacy and investing in the resources to support the company’s continued growth,” added Stevens.
Unibloc Pump recently moved its US operations into a state-of-the-art facility located in Kennesaw, Georgia, which is three times larger than its prior facility located in Marietta, Georgia.
“We have more than tripled our plant footprint to dramatically increase capacity to better serve our customers and expand to new markets,” said Soderstrom. “The new facility will also help Unibloc Pump maintain its competitive edge in the industry by attracting top talent in the region,” he added.
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