Borgman Capital has sold Durex Products, Inc. to Gerard Daniel Worldwide, enhancing GDW's portfolio in the heavy industrial sector.

Information on the Target

Durex Products, Inc., established in 1965, specializes in manufacturing high-performance urethane wear parts and screen media. These products serve various applications in sectors such as aggregate, mining, recycling, concrete, and other heavy industries. Located in Luck, Wisconsin, Durex Products has earned a strong reputation for its commitment to quality manufacturing and dependable distribution networks across the United States and Canada.

Since the acquisition of Durex Products by Borgman Capital in December 2021, the company has demonstrated significant growth, both in revenue and profitability. This growth has been facilitated by substantial investments in operations, equipment upgrades, product development, and enhanced sales initiatives. Notably, Durex Products has achieved industry-leading performance regarding lead times and on-time delivery rates for its array of customized screen and wear parts.

Industry Overview in the United States

The heavy industrial sector in the United States is critical for the nation’s economy, supporting the production and processing of essential materials. This industry encompasses various activities, including mining, construction, and recycling, which are in