Wincove Private Holdings, a New York and Boston-based investment firm that owns Fort Worth-based Bluff Manufacturing, on May 18 announced the recapitalization of Bowmanville, Ontario-based Nordock Inc. Nordock, which is also in the material handling business, will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a range of material handling and warehouse safety products. Nordock contributes a market-leading portfolio of pit-levelers, dock seals, safety restraints and associated products. The core founders of Nordock have become partners in the broader platform and will continue in their roles with Nordock.
Wincove creates long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs and management teams to build market-leading companies. It acquired Fort Worth-based Bluff in 2016. For 50 years, Bluff Manufacturing has been involved in the fabrication and design of dock, warehouse, and safety equipment. Products include yard ramps, dock boards, dock levelers, mezzanines, cantilever racks, stairways, free standing conveyor support structures, catwalks, work platforms, and caged ladders.
The firm said expects to continue to invest in the material handling industry, supporting companies that facilitate the robust growth in procurement while improving safety.
“The devoted people of Wincove, Nordock, Bluff and Wesco will combine our strengths in product development, customer service, manufacturing and relationships as we strive to grow market share and succeed together,” said Denis Gleason, president of Nordock.
John Lenahan, partner of Wincove said “each of these companies is a leader in its respective niche, but this is truly a situation where the whole is greater than the sum of the parts. There is a tremendous opportunity to leverage our respective strengths to create a material handling and warehouse safety products solution with unmatched breadth, quality, service, lead times and geographic coverage. We are very excited to introduce this to the market.”