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Crown Mats And Matting Acquired By Desco Capital
Fremont, Ohio – - Crown Mats and Matting, a division of Ludlow Composites Corporation and a leading manufacturer of anti-fatigue and entrance matting products, has been acquired by Desco Capital.
Desco Capital is a privately held company headquartered in Columbus, Ohio. Desco’s team of executives and professionals have been acquiring and operating industrial businesses in the U.S., Europe, and Asia since 1966, with revenues of up to $150 million each.
Over this more than 40 year span, Desco has compiled a long and successful track record of developing and growing a variety of businesses. Currently, Desco owns eight separate middle-market industrial businesses serving a variety of end markets.
The acquisition was a team effort, involving both Crown management and executives at Desco Capital. According to Randy Dobbs, President and COO of Crown Mats and Matting, Desco’s approach is to partner with management to build long-term growth and value.
“Technological innovation and superior service have always been key strengths of Crown Mats and Matting,” adds Dobbs. “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.”
Crown Mats and Matting has been a pioneer in the matting industry for over 70 years. The company is well known for its invention of Zedlan®, a patented foam technology found in Crown’s anti-fatigue mats.
Today, Crown has the most diverse entrance and anti-fatigue matting product lines in the industry. The company provides matting for a wide variety of market segments, from offices and schools to hotels and industrial locations.
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About Crown Mats and Matting
For more than 70 years, Crown Mats and Matting has been a pioneer in the development and manufacture of matting products. Beginning with the invention of walk-off matting by the company's founder, R.P. Johnson, the company now has the most diverse matting product line offered in our industry. Crown sells matting through an extensive network of highly trained sales representatives throughout the United States and worldwide. These sales experts are familiar with the features and benefits of all matting systems and are able to help their clients find the right system for virtually any application.
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