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Colson Group Announces Strategic Acquisition by Blue Wolf Capital Partners

FOR IMMEDIATE RELEASE

COLSON GROUP ANNOUNCES STRATEGIC ACQUISITION BY BLUE WOLF CAPITAL PARTNERS

Aligned philosophies and vision for increasing customer value and accelerating global growth

OAKBROOK TERRACE, IL., March 1, 2021 — Colson Group, a global leader in caster and wheel product solutions, today announced its acquisition by Blue Wolf Capital Partners LLC (“Blue Wolf”).

“We are excited to partner with Blue Wolf, a firm that shares our philosophies and vision for Colson Group,” stated Tom Blashill, CEO of Colson Group. “While our strong global brands and experienced team attracted substantial investor attention, Blue Wolf differentiated themselves. Their expertise and deep understanding of industrial businesses and customer channels will be a tremendous asset in our plans for operational and service excellence. Blue Wolf appreciates the work completed so far in our global transformation and their skillset and strategy will help accelerate it with further investments in domestic manufacturing, service technologies, and product solutions that continue to separate us from the competition.”

Blue Wolf is a New York-based private equity firm that builds stronger businesses by combining financial and operational discipline with Environmental, Social, and Governance (ESG) principles. The firm works closely with management to create value at companies in specialty sectors including niche manufacturing, industrial & engineering services, forest & building products and healthcare services.

“Our experience building best-in-class industrial manufacturing companies positions Blue Wolf well to support Colson Group in accelerating growth and enhancing its current market position and manufacturing strategy,” said Adam Blumenthal, Managing Partner of Blue Wolf Capital Partners. “We are excited to partner with Tom Blashill and the Colson Group management team to provide the necessary capital and resources to drive long-term growth opportunities for the company and its customers. We look forward to building on Colson Group’s rich legacy of product solutions and long-standing business relationships with our commitment to organizational and operational excellence.”

Former owner Sentinel Capital Partners sold Colson Group to Blue Wolf after acquiring the company in 2012. Prior to Sentinel, the company was held by Robert Pritzker who acquired the Colson caster brand in 1953 and built it into the worldwide caster leader that is now Colson Group.

About Colson Group (www.ColsonGroup.com): Colson Group, a global leader in caster and wheel products, creates and drives solutions that move lives forward. World renowned brands provide specialized mobility for every industry and market. A leading product portfolio and proprietary global value chain deliver unparalleled efficiencies and support. With over 1,600 employees across 30 global facilities, Colson Group is committed to its customers’ success, ensuring proper products are selected or designed from the start, and always keeping the end-users’ safety, efficiency, and happiness in mind.

About Blue Wolf Capital Partners: Blue Wolf Capital Partners LLC is a private equity firm that specializes in control investments in middle market companies. Leading by experience, and with a commitment to excellence, Blue Wolf transforms companies strategically, operationally and collaboratively. Blue Wolf manages challenging situations and complex relationships between business, customers, employees, unions, and regulators to build value for stakeholders. For additional information, please visit www.bluewolfcapital.com.

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COLSON GROUP INTRODUCES NEW ANTIMOCRIBIAL SOFT WHEEL FOR HIGH-TEMP STEAM STERILIZATION AND WASH DOWN APPLICATIONS

OAKBROOK TERRACE, IL (January 19, 2021) — Colson Group, a global leader in manufacturing casters and wheels, has officially launched an advanced new series of wheels specially made for use on equipment that’s frequently exposed to high-temperature sterilization chambers and repeated cart wash applications. The new Sterilizer High-Temp Soft Wheels are antimicrobial, competitively priced, and feature desirable performance characteristics exceeding wheels typically used in these applications.

As explained by Jeffrey Bader, the company’s product manager for the medical segment, “Hospitals and labs often sterilize instruments and equipment utilizing wheeled carts that historically required hard wheels to handle the frequent exposure to high temperatures and vacuum pressure. This was due to traditional soft wheels flat spotting, melting or breaking down relatively quickly in these conditions—despite it being the preferred option for mobility performance, and noise and vibration reduction. With this launch, customers can now attain these mobility benefits with a soft wheel specifically designed to address these challenges—making the MedCaster Sterilizer Wheel a superior option for case carts, sterilizer carts, test cages, lab equipment and operating room equipment.”

Sterilizer High-Temp Soft Wheels were formulated and independently tested to withstand typical steam sterilization cycles of 280°F at -32 psi vacuum pressure, without developing flat spots or having the outer tread separate from the core. Even under these extreme conditions, the wheels provide excellent traction and quiet performance, absorbing shock and vibration much greater than the hard wheels traditionally required.

Available in both 5” and 6” wheel diameters, MedCaster Sterilizer wheels feature stainless steel thread guards to prevent the collection of entangling debris, dual-shielded precision ball bearings for smooth and quiet mobility, and debris-rejecting antimicrobial treads for durability and performance. Add the Sterilizer Wheel to MedCaster’s recently upgraded SX Series swivel, rigid, total lock, or direction lock caster solutions to gain all of the high-temp benefits for your carts or equipment. For additional information, please visit www.medcaster.com/Sterilizer or connect with caster experts at www.medcaster.com/contact to help solve any of your mobility needs.

About Colson Group: Colson Group, the global leader in caster and wheel products, creates and drives solutions that move lives forward. World renowned brands provide specialized mobility for every industry and market. A leading product portfolio and proprietary global value chain delivery unparalleled efficiencies and support. With over 1,600 employees across 25 global facilities, Colson Group is committed to its customers’ success, ensuring proper products are selected or designed from the start, and always keeping the end-users’ safety, efficiency, and happiness in mind.


Colson Group Acquires Assets of Vulcan Industries, Inc.

Expands global product solutions and service capabilities.

OAKBROOK TERRACE, IL., October 21, 2020 — Colson Group, a leading global caster and wheel company, announced today that it has completed the asset acquisition of Vulcan Industries, Inc..

“With complementing products and customer bases, this acquisition was a natural fit to broaden and enhance the product solutions and services available to our collective customers,” stated Tom Blashill, CEO of Colson Group. “United by common goals for quality products and responsive service, we are committed to advancing the high level of service Vulcan customers are familiar with through our established global infrastructure and investments in technology and people.”

For years, the Vulcan brand has provided customers throughout North America with high quality casters for various light and medium duty applications—specializing in solutions for food service, hospitality, and medical industries.

“This acquisition integrates the Vulcan brand and resources into Colson Group’s leading portfolio and US infrastructure, enabling it to leverage new channels for growth,” said Bjorn Haldorsen, President of Colson Group North America. “In addition, Vulcan customers now also have access to our global engineering, manufacturing, and service resources to help them solve any of their mobility or supply chain challenges. We are extremely pleased to welcome the Vulcan team to Colson Group.”

About Colson Group (www.ColsonGroup.com): Colson Group, the global leader in caster and wheel products, creates and drives solutions that move lives forward. World renowned brands provide specialized mobility for every industry and market. A leading product portfolio and proprietary global value chain delivery unparalleled efficiencies and support. With over 1,600 employees across 30 global facilities, Colson Group is committed to its customers’ success, ensuring proper products are selected or designed from the start, and always keeping the end-users’ safety, efficiency, and happiness in mind.


Colson Group Appoints Bjorn Haldorsen as President of North America

New role will optimize growth initiatives and strengthen market position.

 

OAKBROOK TERRACE, IL., May 8, 2020 — Colson Group, a global caster and wheel product company, is pleased to announce the appointment of Bjorn Haldorsen as President of Colson North America. In this capacity, Bjorn will lead the company’s North American business operations, with focus on optimizing growth initiatives, expanding North American supply chain and manufacturing, and furthering the strategic integration of Colson North America to best service the marketplace.

This is a new position created by the company, highlighting its focus on growth for North America.

“As we continue to expand production capacity closer to our customers, the requirement for this role has grown and is now a critical step to accelerating our growth plans into the future,” stated Tom Blashill, CEO of Colson Group. “After an extensive search, we found the right person for this role, and I am happy to welcome Bjorn to the Colson team.”

With a focus on customer experience, Bjorn comes to Colson with over 25 years of leadership experience in supply chain, plant management, and general management. Prior to Colson, Bjorn worked for Honeywell International for 8 years and has been with Flowserve Corporation since 2002, where he served in various regional and global leadership roles. Most recently, Bjorn was the Vice President General Manager of Flowserve’s Americas Industrial Pump Operation where he was responsible for all business functions, leading more than 1,000 employees.

Bjorn received his Bachelor’s degree in purchasing and logistics management from Arizona State University and his M.B.A. in international finance at the Thunderbird School of Global Management. He will reside at the company’s corporate headquarters in Oakbrook, IL with extensive travel to all company facilities.

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About Colson Group (www.ColsonGroup.com):

Colson Group, the global leader in caster and wheel products, creates and drives solutions that move lives forward. World renowned brands provide specialized mobility for every industry and market. A leading product portfolio and proprietary global value chain delivery unparalleled efficiencies and support. With over 1,600 employees across 30 global facilities, Colson Group is committed to its customers’ success, ensuring proper products are selected or designed from the start, and always keeping the end-users’ safety, efficiency, and happiness in mind.


Colson Group announces acquisition of AS Rollen GmbH

Expands global caster and wheel manufacturing capabilities.

OAKBROOK TERRACE, IL., April 30, 2020 — Colson Group, a global caster and wheel product company, announced today the recent acquisition of AS Rollen, a Huckeswagen, Germany caster and wheel manufacturer. “AS Rollen has an excellent reputation for producing high quality, competitive caster and wheel solutions, specializing in the medical segment,” stated Tom Blashill, CEO of Colson Group. “This strategic acquisition will provide our global locations an excellent source of German manufactured caster solutions.” The company is located only minutes from Colson Group’s German offices.

AS Rollen and its staff, led by founder Mr. Arnolf Schulte, are now integrated into Colson Group’s Northern European organization which is led by General Manager, Ernst-Jan Venema. “The synergies of products and staff will enhance our abilities to better serve our customers throughout Europe,” said Ernst. “This will greatly shorten our lead-times as compared to products manufactured outside of Europe, opening up new opportunities for additional growth and flexibility throughout the world. We welcome the AS Rollen team to Colson Group.”

Mr. Schulte will remain general manager of the facility and team, working closely with Ernst and other Colson Group leaders to leverage its capabilities to further advance the company’s global supply chain. The facility is ISO 9001:2015 certified and utilizes state-of-the-art machinery to ensure the highest quality caster is consistently manufactured. Capabilities include: injection molding, automated/semi-automated assembly, and in-house testing. For more information about AS Rollen, you can visit https://as-rollen.de/.

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About Colson Group:
Colson Group, the global leader in caster and wheel products, creates and drives solutions that move lives forward. World renowned brands provide specialized mobility for every industry and market. A leading product portfolio and proprietary global value chain delivery unparalleled efficiencies and support. With over 1,600 employees across 30 global facilities, Colson Group is committed to its customers’ success, ensuring proper products are selected or designed from the start, and always keeping the end-users’ safety, efficiency, and happiness in mind.


Colson Group Announces Vertical Market Sales Managers

As Colson Group continues to increase our focus on value creation and market driven solutions, we are pleased to announce the newly created roles of Vertical Market Sales Managers for the Automotive, Food Service and Medical industries. These roles will be focused on driving customer solutions and growth, maximizing our product portfolio, and developing our strategic position within these vertical markets.

Their emphasis will be on identifying new opportunities, specifying Colson Group products in collaboration with our partners in all channels, and then overseeing these opportunities to closure. These members will be highly collaborative with our internal teams and distributor partners alike to develop wins that deliver on both our customers’ mobility expectations and our strategic business plans.

Please join us in welcoming the following vertical market sales managers. If you have new business opportunities supporting these markets please find their contact information also noted below. We welcome any opportunity to grow with you and look forward to applying their knowledge and skillsets to better servicing your account.

Automotive

Scott Fisher brings 20+ years of caster experience to his new role, originating with selling heavy duty and automotive applications as a distributor for Colson. Most recently, Scott held director level roles in both Heavy Duty Product Management and Distributor Sales for Colson Group. Scott’s automotive knowledge along with his product management and sales expertise will drive significant value to our current and new automotive customer opportunities.

Food Service

Darrell Metzger has a strong background in the food service industry, previously serving as the VP of Sales and Marketing for Jarvis Caster. In addition, Darrell has worked as the Director of Product Design and Director of Customer Service for Colson Group. His market and product knowledge along with his engineering and sales background provide a focused skillset that will benefit current and new customers throughout this industry.

Medical

Carl Susini joins Colson Group from Ametek Engineered Medical Components Group, where he served as Business Development Manager and Key Account Manager. Carl has over 10 years of experience in sales as well as experience in purchasing and product management. His successful track record will help Colson Group identify new customer opportunities and grow our presence with medical OEMs and designers alike.


To reach out to our Vertical Market managers, please contact us with your questions today.


Colson Group USA Appoints Vice President of Sales

Colson Group USA’s strategy continues to be:

  1. Best position Colson for growth as the global leader in the caster industry
  2. Continue to bring Colson together as one company and align us for the future

We are pleased to announce that Shelley DePuy has joined the Colson Group USA team as Vice President of Sales.

Shelley brings customer-focused leadership experience in all Colson Group USA’s primary sales channels: OEM, Distributor, and Industrial channels.  Most recently, she held the role of Director of Sales for the Kidde Fenwal division of United Technologies Corporation, a manufacturer of fire suppression systems. Prior to that role she worked with PBC Linear as their Director of Sales and Marketing.  Shelley holds a Bachelor of Science from State University of New York and a Master’s in Business Administration from Suffolk University.

Shelley will lead Colson Group USA’s three unique sales channels and continue to work with each to further develop winning customer relationships and growth strategies that support Colson Group USA’s leading solutions portfolio and industry position.

 


Colson Group Adds New 2 Series CAD Models to the World’s Largest Caster CAD Model Library

 

St. JOSEPH, Mich., May 8, 2017 – Colson Group, a leading global caster and wheel manufacturer, is expanding its world’s largest computer-aided design (CAD) model library with the addition of three Colson brand product series: the 2-Series LoPro, 2-Series Stainless, and 2-Series Stainless Steel Precision. Customers can now quickly configure part numbers and download or deliver 2D/3D CAD models and interactive 3D PDF datasheets for these new additions.

“Colson continues to advance the world’s largest caster CAD library, meeting our customers’ needs for high-quality, dependable casters,” said Colson Light Duty Product Manager Jeremy Brault. “Through the expansion of the 2-series CAD models, customers can easily access pertinent specifications and easily integrate the designs of these three premium, three-year warranty products for their various caster and wheel needs.”

The 2-Series LoPro features a low profile design with cushion or hard rubber wheel options, providing floor protection and quiet operation in the lowest overall height; ideal for business machines, stock picking carts, warehouse dollies, and housekeeping carts. The 2-Series Stainless Steel series offers several tread types in 3” to 5” wheel sizes, two brake options, and a higher grade of stainless steel helping to prevent rust in even the most corrosive conditions. This makes it ideal for hostile and controlled environments, including the food, pharmaceutical, and healthcare industries. The 2-Series Precision Stainless Steel series provides the same great advantages of the 2-Series Stainless, but adds improved ergonomics and noise reduction to a users’ experience through the use of a durable stainless precision bearing raceway.

The 2-series CAD models are available on Colson’s Caster CAD 3-D app or online at www.colsoncaster.com. The 3-D CAD models are compliant with major world standards and are suitable for use in current CAD systems, saving engineers time, and money.

 


About Colson Group

Colson Group is the largest manufacturer and supplier of caster and wheel products in the world. Over 1,600 global employees support Colson Group’s leading product portfolio and proprietary global value chain. World renowned brands, such as: Colson, Albion, Shepherd, Jarvis, MedCaster, Rhombus, Revvo, Flexello, Pemco, and Faultless are manufactured and marketed around the world through Colson Group’s 25 global facilities – where over 192,000 products are shipped daily. For more information, visit colsongroup.com.


Colson Group USA National Distribution Center Celebrates One-Year Anniversary

Facility paves the way for expanded U.S. manufacturing capabilities and distribution services

ST. JOSEPH, Mich., March 29, 2017Colson Group, the largest global manufacturer and supplier of caster, wheel, and mobility solutions, is celebrating the one-year anniversary of opening its national distribution center (DC) in St. Joseph, Michigan. Opened in 2016, the 170,000-square-foot facility is Colson Group’s first national DC supporting all of its brands of products and is an important part of the company’s One Colson initiative to best position itself for continued growth as the global leader in casters and wheels.

The DC was created and optimized for the distribution and common assembly of Colson Group USA’s broad product offering – functions previously supported within its manufacturing plants. The shift in distribution responsibilities allows the manufacturing plants to further enhance their operational and service responsibilities and better support the group’s leading mix of USA-made products, customer-direct production orders, and regular feeds to the DC. It also allows the company to better leverage significant plant investments for additional made-in-the-USA manufacturing, including the recently released Albion 310 & 410 family of casters.

“Our vision for the DC is to enhance our customers’ experience through faster and more reliable fulfillment, dependable inventory planning and the ability to consolidate shipments from our various brands,” said Colson Group Chief Operating Officer Christopher Cummins. “We continue to advance our systems and procedures daily and have seen great progress – reducing some lead times by as much as 70 percent. We will continue to optimize the DC throughout 2017 with the goal of achieving world-class distribution, exceeding customer needs.”

“Under Cummins’ leadership, the new DC has provided a bright outlook for Colson, as we drive continuous improvement and bring world-class manufacturing to the U.S.,” said Colson Group Chief Executive Officer Tom Blashill. “We are extremely proud of his efforts and of all the hard-working employees at the facility, as this would not be possible without them.”


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