Thursday, May 17, 2012
   
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EDI Sold to Bertram Capital

EDI, a Chippewa Falls company that was a pioneer in the manufacture of extrusion dies, has been sold to private investment group Bertram Capital, CEO John Elcej confirmed this morning.

Bertram Capital is a private equity firm based in San Mateo, Calif. The parties did not disclose the terms of the transaction, which is expected to close on or around Dec. 31.

EDI specializes in building and reworking flat dies, which are shaping tools used by  manufacturers to produce plastic film and sheet or to apply coatings onto various substrates. EDI dies are used around the world, in more than 50 countries.

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