Canada-based Comact, a global leader in high-performance OEM wood-processing technologies, has acquired Oleson Saw Technology, which it describes as a "leader in wide bandsaw blade manufacturing."

The transaction aims to strengthen Comact’s cutting and saw technology offering while expanding its aftermarket and consumables portfolio for the wood processing industry.

Based in York, Pennsylvania, Oleson Saw Technology supports sawmills across North America with wide bandsaw blades and filing room equipment. Oleson will continue operating from its existing York facility, per Comact, and the company says it will continue distributing Swiss-made ISELI filing room equipment for bandsaws and circular saws.

“Oleson Saw Technology has been built on a strong commitment to its employees, its customers, and delivering high-quality bandsaw blades to the industry,” said Mary Chairs, President of York Saw & Knife and Oleson Saw Technology. “We are confident that Comact will build on this legacy and bring a shared culture that will support the continued success of the business in the years ahead.”

“This acquisition represents an important step in strengthening our cutting and saw technology portfolio,” said Adam Infanti, Executive Vice President and Chief Financial Officer of Comact. “Oleson’s expertise in wide bandsaw blades and its strong market reputation complement our existing capabilities and strengthen our position in cutting solutions.”

As part of the transition, Comact says Oleson Saw Technology will introduce an updated visual identity, along with a new website at www.olesonsaw.com, in coming days.

Source: comact.com