Hamilton Robinson Capital Partners, a private equity firm based in Connecticut, together with MEGTEC Systems management, has acquired MEGTEC from parent company Sequa Corporation. The transaction involves all MEGTEC businesses, including the Printing Products (PPG) and Industrial and Environmental Products (IEPG) Groups and related Services Groups. MEGTEC will become a stand-alone company with no major change in management structure or day-to-day business operations. 

MEGTEC, headquartered in De Pere, Wisconsin, with 14 facilities worldwide and more than 800 employees, supplies the printing, web coating, packaging, wood products and other process and energy markets. MEGTEC has had double-digit annual sales growth in the past five years, with 2007 revenues exceeding $250 million. MEGTEC is also winner of a 2008 EPA Climate Protection Award.

Top management at Hamilton Robinson, Sequa and MEGTEC all expressed confidence in a bright future for MEGTEC based on its track record, products and services.