Duravant (the "Company"), during Odyssey's ownership period, was a global manufacturer of engineered equipment serving the food processing, packaging and material handling equipment industries. The Company operated through three segments: Food Processing, Packaging Machinery and Material Handling.
- Reorganized and refocused the Company's go-to-market strategy and implemented a new product development process to accelerate organic growth
- Implemented strategic pricing initiatives in OEM and aftermarket products to drive margin improvement
- Augmented existing management with a new executive team capable of building out a global business
- Completed eight acquisitions under Odyssey ownership including three in Europe to establish Duravant as a global player
- EBITDA grew more than 400% during Odyssey's ownership