The Oakdale Company acquires Century-Tech

Century-Tech, one of the leading manufacturers of flexible packaging machinery, has been acquired by The Oakdale Company, positioning the company for rapid expansion through organic growth and strategic acquisitions.

Under The Oakdale Company’s stewardship, Century-Tech will accelerate product development, scale operations and expand its market reach. The company plans to grow aggressively organically through innovation and inorganically through acquiring complementary packaging machinery companies.

Over the coming months and years, Century-Tech will actively seek add-ons and tuck-in acquisitions to enhance its capabilities and broaden its product offerings for packaging clients across North America, Central America, the Caribbean, Asia, and Africa.

With The Oakdale Company’s backing, the company will expand R&D and product innovation, enhance customer support and service, scale operations and workforce and pursue strategic acquisitions.

‘The Oakdale Company is committed to Century-Tech’s long-term success and growing the company to become a significant partner to the industry’s converting leaders,’ said Clinton Townsend, CEO of The Oakdale Company. ‘We see immense opportunity to expand Century-Tech’s market presence and product portfolio, and we are actively seeking additional acquisitions to complement and strengthen its offering. Our focus is on sustainable, strategic growth that benefits customers, employees, and the broader industry.’

Century-Tech’s leadership team, including Peter Terranova (president), Louis Mastrangelo (vice president), Geovanny Quintero (head of parts) and Rick Gallandt (head of North American sales), will remain in place, ensuring continuity and a seamless transition.