Grand Rapids, Mich.-based Tyden Group, which includes TydenBrammall, in Angola, Ind., along with operations in Hastings, Mich., and Circleville, Ohio, has been acquired by Crimson Investments, an international private equity firm.
TydenBrammall and the other Tyden Group businesses will retain their existing company names, management and focus while seeking global growth opportunities. Tyden Group’s three companies develop, manufacture and market security and identification products for manufacturers and the transportation industry. Homeland Security measures to prevent terrorism have created a growing demand for its cargo security products.
“This purchase is highly beneficial for all parties involved, from Crimson and Tyden Group to the former shareholders and current management and employees,” says Bill Alt, Tyden Group president and CEO. “Crimson will retain Tyden Group’s U.S. day-to-day operations while leveraging its global presence and capabilities to continue to expand the company in international markets.”
As cargo security experts, TydenBrammall manufactures a broad range of bolt, cable, metal strap and plastic type cargo seals for the truck, rail, container, food and chemical processing markets. TydenBrammall’s Angola, Ind., quality lab recently received its American Association for Laboratory Accreditation (A2LA). TydenBrammall’s lab can conduct ASTM 1157 transportation seal performance tests, which are the benchmark tests used in the ISO/PAS 17712:2005 mechanical seal standard.