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Mecalux closes on purchase of Interlake assets

Mecalux, a designer and maker of storage systems, has acquired for $30 million the assets of UFC Interlake.

Mark Solomon
By Mark SolomonApr 28, 2009
Mark Solomon
Mark Solomon joined DC VELOCITY as senior editor in August 2008, and was promoted to his current position on January 1, 2015. He has spent more than 30 years in the transportation, logistics and supply chain management fields as a journalist and public relations professional. From 1989 to 1994, he worked in Washington as a reporter for the Journal of Commerce, covering the aviation and trucking industries, the Department of Transportation, Congress and the U.S. Supreme Court. Prior to that, he worked for Traffic World for seven years in a similar role. From 1994 to 2008, Mr. Solomon ran Media-Based Solutions, a public relations firm based in Atlanta. He graduated in 1978 with a B.A. in journalism from The American University in Washington, D.C.
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Mecalux, a Barcelona, Spain-based designer and maker of storage systems, has acquired for $30 million the assets of U.S.-based UFC Interlake, a storage systems company currently operating under bankruptcy protection. Mecalux says the transaction, which includes the acquisition of four plants in the United States and Mexico, dramatically expands its presence in the North American market.

A federal bankruptcy court approved the transaction after no other bidders came forward to purchase the assets, Mecalux says. The company's U.S. division will be renamed Interlake Mecalux.

The UFC Interlake facilities are in Pontiac, Ill.; Sumter, S.C.; and Mexicali and Matamoros, Mexico. Mecalux already operates facilities in Chicago and in Mexico.

Mecalux says that once market conditions improve, the new U.S. division will aggressively expand its sales volumes in storage systems and technology throughout the country. It expects that, over time, systemwide sales will be split evenly between Europe and the United States.

ArticleStorageMaterial Handling
may 2009
ArticleStorageMaterial Handling
may 2009

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