A-C Equipment Services Corporation

A leader in manufacturing and servicing rotary kilns, A-C Equipment Services Corporation provides parts, construction services, technical assistance, and engineering services for companies in the cement, pulp and paper, chemical, and other industries.

Grace Matthews was engaged by A-C Equipment's shareholders to facilitate a sale of the company that would maximize value, provide continuity for on-going operations, and create an exit plan for certain shareholders to transition out of the business in a reasonable timeframe. Grace Matthews developed a strategy and contacted a range of prospective buyers with the ability to meet the sellers' needs.

Grace Matthews is pleased to announce that A-C Equipment was purchased by Polysius, a subsidiary of ThyseenKrupp Technologies and a leading engineering company supplying the cement and minerals industries.