Excelis Packaging Automation has rebranded from SureKap LLC and acquired Kraken Automation Inc. to enhance its capabilities in the packaging automation industry.
Target Company Overview
Excelis Packaging Automation, formerly known as SureKap LLC, is a leading provider of comprehensive packaging automation solutions based in Winder, GA. The rebranding reflects the company's growth and expanded capabilities in delivering turnkey automation solutions through North American-made packaging equipment, parts, and services. Since its acquisition by LFM Capital in December 2021, Excelis has transformed from a specialist in automated capping equipment into a full-service packaging automation platform by integrating four value-added acquisitions.
The recent acquisition of Kraken Automation Inc. significantly enhances Excelis’s capabilities. Founded in 1987 and located in Ontario, Canada, Kraken specializes in high-speed material handling and customized automation solutions, including conveyance, case packing, cartoning, and accumulation systems. With over 35 years of experience, Kraken is recognized for its commitment to optimizing manufacturing processes and enhancing productivity through innovative automated packaging solutions.
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Industry Overview
The packaging automation industry is experiencing robust growth, driven by the increasing demand for efficient manufacturing processes and the need to reduce operational costs. In North America, particularly the U.S. and Canada, companies are
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LFM Capital
invested in
Kraken Automation Inc.
in 2024
in a Buy & Build / Roll-Up deal