GRYB International has acquired Rad Technologies, an equipment and accessories manufacturer, and Dalkotech, a company that specializes in mechanical welding—both of which are based in Quebec.
According to GRYB, the newly acquired companies will expand and enhance its portfolio in unique ways. Both Rad Technologies and Dalkotech bring decades of experience in lean manufacturing, along with long histories of developing products specifically for the OEM market, specializing in light implements for the snow and agricultural segments.
“With their combined expertise in lean manufacturing, decades of experience in OEM product development and relationship building, Rad Technologies and Dalkotech will play an instrumental role in advancing our position in the attachment industry,” said Remi Beaudoin, president at GRYB. “Our aligned cultures and shared desire for excellence made this a natural fit, and we couldn’t be more excited to have these tremendous companies join our group”
Since its inception in 2007, GRYB has grown into a company with 500,000 square feet of manufacturing space across 8 factories, with nearly 1000 employees and a fleet of fully automated welding equipment.
“We are very proud of the organization and the people that have made GRYB into what it is today,” says Remi Beaudoin. “We’ve reached a major milestone in our group history, with producing more than 45,000 tools annually and surpassing $250 million dollars in revenue, and we’re not done yet.”
The latest acquisition comes weeks after the announcement of Eco-Trak Industries joining the GRYB Group of companies. Eco-Trak specializes in designing and manufacturing technology systems, aimed at improving efficiency and job site safety, with advanced 2D digging systems, reach limiting systems and wheel loader scales—specializing in heavy equipment and truck industries.
GRYB will celebrate its 15th anniversary this fall and after recent acquisitions of Bateman Manufacturing in Ontario, Winkle Industries in Ohio and Serco Loaders in Minnesota and the start-up of the Shearex plant in Roxton Falls, GRYB plans to continue to pursue an ambitious strategic growth plan both organically and through acquisitions.