Crest Group acquires ultrasonic rival Dukane in private equity-backed deal
NEW YORK: The Crest Group, a global industrial technology manufacturer, has acquired Dukane, a manufacturer of ultrasonic solutions and plastic joining technologies. Financial terms were not disclosed. Crest, which manufactures ultrasonic cleaning and welding equipment, is backed by New York-based private equity firm Stellex Capital Management. Dukane designs and produces plastic bonding and cutting systems for mission-critical manufacturing in medical,…