ProMach, a worldwide provider of processing and packaging machinery and related solutions, has acquired American Holt, DMA Solution, and Pride Engineering (together, “AmHolt”) from Arcline Investment Management, a growth-oriented private equity firm. American Holt and DMA Solution design and manufacture packaging-related components for leading North American consumer packaged goods and packaging material producers in the beverage, food, protein, and home care sectors, while Pride Engineering supplies precision-engineered components for aluminum can production, further expanding ProMach’s capabilities in the consumer-packaged goods market.

BMO Capital Markets acted as financial advisor to Arcline, while Ropes & Gray LLP, Davies Ward Phillips & Vineberg LLP, and Fredrikson & Byron P.A. served as its legal advisors.