Komar Industries acquires Bace

Komar Industries, a Groveport, Ohio-based manufacturer of industrial waste and recycling processing systems, including a full range of shredding and compaction equipment, has announced it has acquired Bace, a manufacturer specializing in balers and compactors that is based in Charlotte, North Carolina.

“Bace has earned a strong reputation within the waste process equipment industry for its high-quality products, state-of-the-art technology and customer service-focused orientation and has been scaling rapidly as a result,” says Komar President and CEO Mark Koenig. “Through this partnership, we now have the opportunity to offer a wider set of products and capabilities to offer our collective customers, including an enhanced aftermarket service platform.”

According to a news release from Komar Industries, Bace will continue to be led by its existing leadership team, who will become shareholders in the combined organization as part of the transaction.

Bace is the creator of the patented IntelliBACE platform, which it calls an innovative business intelligence and analytics platform. The cloud-based platform, launched last year, facilitates management and measurement of corporate waste and recycling programs and tracks usage data, providing alerts for preventative maintenance.

“We are incredibly excited about the growth opportunities that lie ahead for Bace working alongside our new partner Komar,” says Frederick Waite, Bace’s co-founder and CEO. “Over the past 15 years, we have built Bace into one of North America’s premier baler and compactor providers while driving industry innovation with our patented IntelliBACE platform. Our team is thrilled to have found a partner like Komar who shares our core values, culture, quality standards, and commitment to our customers and employees.”