Forsyth Capital Completes Acquisition of Baldwin
20 Mars 2012 - 10:25PM
Business Wire
Baldwin Technology Company, Inc. (NYSE AMEX: BLD), a global
leader in process automation technology for the print media
industry, reported that the transaction previously announced on
December 23, 2011 was completed today, and Baldwin has been
acquired by Forsyth Baldwin, LLC, an entity owned by Forsyth
Capital Investors, LLC. Baldwin will be delisted from the NYSE Amex
and its securities will no longer be registered.
Baldwin’s stockholders will receive $0.96 in cash for each share
of Baldwin Class A or Class B Common Stock. Letters of Transmittal
will be sent by the Exchange Agent this week to each stockholder of
record with instructions to follow in sending in their stock
certificates in exchange for the cash consideration. Beneficial
owners will receive cash in their brokerage accounts. For any
questions regarding procedures related to the exchange of Baldwin
stock, stockholders may contact Helen Oster at 203 402 1004.
About Baldwin Technology Company, Inc.
Baldwin Technology Company, Inc. is a leading international
supplier of process automation equipment and related consumables
for the print media industry. Baldwin offers its customers a broad
range of market-leading technologies, products and systems that
enhance the quality of printed products and improve the economic
and environmental efficiency of the printing process. Headquartered
in Boca Raton, Florida, the company has operations strategically
located in the major print media markets and distributes its
products via a global sales and service infrastructure. Baldwin's
technology and products include cleaning systems, fluid management
and ink control systems, web press protection systems, drying and
curing systems and related consumables. For more information,
visit: www.baldwintech.com.
About Forsyth Capital Investors, LLC
Forsyth Capital Investors is a St. Louis-based investment firm
focused on making long-term investments in middle-market companies
operating in the capital equipment and component manufacturing and
insurance services sectors. Forsyth Capital’s investment approach
offers a balanced blend of private equity fundamentals and
significant operational expertise made possible by its strategic
relationship with Barry-Wehmiller Companies, Inc., a diversified
capital equipment manufacturer. Because of its unique relationship
with an active operating company, Forsyth Capital Investors offers
many of the value-added resources of a strategic partner, while
maintaining the entrepreneurial spirit and autonomy of the
portfolio company’s leadership team. For more information, visit
www.forsythcapital.com.
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