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Ipeg acquires shredder maker Republic Machine

Ipeg Inc. has acquired Republic Machine, a Louisville, Ky., firm that designs and manufactures single-shaft shredding machinery in North America.


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April 17, 2013 by Canadian Plastics

Ipeg Inc. has acquired Republic Machine, a Louisville, Ky., firm that designs and manufactures single-shaft shredding machinery in North America.

Cranberry Township, Pa.-based Ipeg is the parent company of Rapid Granulator AB and The Conair Group.

The terms of the deal have not been announced.

According to Ipeg COO Chris Keller, Ipeg intends to operate the company as a division of Bredaryd, Sweden-based Rapid Granulator, maintaining the Republic Machine brand and retaining Republic’s management. Republic shredders will be sold in North America through existing Republic sales representatives and globally through Rapid and Conair.

“This acquisition allows us to expand beyond plastics scrap reclaim and into the broader recycling market,” Rapid CEO Kirk Winstead said in a statement.

Republic sells single-shaft shredders used in a wide range of size-reduction and recycling applications involving plastic, wood, carpeting, rubber and medical waste. The company was founded in 1911 and sold in 1970 to its current owners, who expanded the firm to four companies that employ more than 250.