GRYB has announced the acquisition of attachment manufacturer Bateman Manufacturing.
With more than 30 years of experience manufacturing grapples and other attachments for the demolition and recycling industries, Bateman Manufacturing has more than 40 employees, and is located in Oro-Medonte, Ontario.
According to GRYB, the acquisition will allow the company to become a national leader in manufacturing and sales of attachments for heavy machinery in a variety of industries, including industrial, construction, demolition, recycling and forestry.
GRYB’s goal is to “revolutionize the client experience” by offering an enhanced product line and an unmatched execution speed, from design to after-sales customer service.
In recent years, GRYB has built a name for itself in designing specialized attachments in Quebec.
GRYB is going International
In the coming years, GRYB plans to launch its products internationally. The company, now located at two production sites, Victoriaville, Quebec and Oro-Medonte has nearly 10,000 square metres of space with more than 175 employees. Since 2007, GRYB has been growing significantly and expects revenues to total about $40 million in 2019.
The acquisition of Bateman Manufacturing will diversify the product range offered to existing clients in Quebec by introducing a line of grapples and by establishing a presence in Ontario to expand GRYB’s customer base.
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The Bateman name will be retained and highlighted on all grapple products.
In a news release, Rémi Beaudoin, Luc D’Amours, Jacquot Caron and Jason McNeil, the current GRYB owners, said they are proud to welcome the Bateman employees into the GRYB family, who will now be part of the company’s future success.
“We firmly believe that by combining our strengths with those of Bateman, we will reach our strategic objectives and accelerate the expansion of our product line in the Canadian and American markets,” GRYB said in the news release.
At the Oro-Medonte facility, Bateman has a wide range of in-house capabilities to assist in the design and fabrication of its products, including plasma and torch cutting, fitting, welding, line boring, machining, assembly and painting.
The complementary technology, increased production capacity, and added serviceable markets will allow GRYB to reach new heights and access a much larger customer base.