All Press Releases for March 04, 2015

Robert Family Holdings Acquires Dexter Magnetic Technologies

Robert Family Holdings (RFH) is pleased to announce the acquisition of Dexter Magnetic Technologies.



    LIBERTY, MO, March 04, 2015 /24-7PressRelease/ -- Robert Family Holdings (RFH) is pleased to announce the acquisition of Dexter Magnetic Technologies. Dexter was founded in 1951 and has firmly positioned itself as the leading designer and manufacturer of magnetic solutions. Over the past decade, Dexter has become a key industry strategist, having built a robust global supply chain, strengthened operational capabilities and optimized customer requirement capture and delivery.

Robert Family Holdings (RFH) is a globally diversified industrial manufacturer of highly engineered, value -added products. "The addition of Dexter Magnetic Technologies further strengthens our company, providing strong technical capabilities, a diversified industry presence and excellent prospects for growth," commented Jay Longbottom, RFH President and CEO. Dexter represents a new platform for RFH and will operate as an independent subsidiary, alongside other companies in the RFH portfolio.

"Dexter is committed to continuous improvement of all activities using our ISO9001/AS9100 registered Quality Management System as a framework and is excited to enter our next phase of growth with RFH," said Robert K. Brinley, President of Dexter Magnetic Technologies, Inc.

About Robert Family Holdings
RFH is a privately held, family business with origins reaching back to 1946. Current portfolio companies include Continental Disc Corporation (acquired in 1988) and Advantek, Inc. (acquired in 1992).

Continental Disc Corporation is a leading manufacturer of rupture disc devices for a variety of process industries, including chemical, petrochemical, oil & gas, pharmaceutical and food & beverage. Groth Corporation, a subsidiary of Continental Disc Corporation, manufactures pressure relief valves and flame arresters.

Advantek, Inc. and their AccuTech Plastics subsidiary, support the global production of the world's leading electronics manufacturers. Their plastic tapes and films play a critical role in the assembly process for computers, mobile phones, automotive electronics and other consumer products.

The RFH strategy is focused on managing growth and the acquisition of select companies. The vision to identify growth opportunities, the strength to develop technologies and the commitment to customers are the core elements of this strategy.

About Dexter Magnetic Technologies
Dexter Magnetic Technologies is the global architect in the specification, design and fabrication of magnetic products and assemblies.

Since its founding in 1951, solutions designed by Dexter have and continue to positively impact our world daily - from life-saving medical devices to intelligent optics.

As the essential magnetic system partner, their teams of engineers and support staff are dedicated to delivering innovative technological solutions and services through a powerful combination of partnerships, superior engineering and manufacturing expertise.

CC Capital Advisors served as financial advisors and Dentons US LLP served as legal advisors to RFH in connection with the acquisition.

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Contact Information

Jay Longbottom
Robert Family Holdings, Inc.
Liberty, MO
US
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