Massachusetts-based American Holt acquires Salt Lake City's Servi-Tech

American Holt, a Norwood, Massachusetts-based supplier of aftermarket parts to food, beverage, packaging, converting, envelope and consumer goods industries, has acquired Servi-Tech Inc. of Salt Lake City.

Founded in 1969, Servi-Tech produces aftermarket replacement parts for production machinery for aluminum beverage can forming and bottle filling equipment. Jeff Nish, the founder and CEO of Servi-Tech, will continue with the business to support its next phase of growth alongside American Holt.

Cliff Gilbert, CEO of the American Holt platform, commented, “Jeff and the Servi-Tech team have built a reputation for offering customers high-ROI alternatives to traditional original equipment manufacturer parts — often with better performance and quality. American Holt and STI are respected brands in the aftermarket parts space and together provide a compelling value proposition to food and beverage machinery end users as a leading provider of high-quality parts. We are excited to continue expanding our portfolio of products and service capabilities to better serve our customers.”

“We are excited to join the American Holt family,” said Nish. “For over 50 years, STI has produced high-quality replacement parts for the beverage industry. As the second-generation owner of the business, my family is dedicated to our customers and this new chapter with American Holt.”

American Holt is a portfolio company of Arcline Investment Management of Nashville, Tennessee.