Acquisition Of RAD Technologies & Dalkotech

GRYB International Acquires RAD Technologies & Dalkotech

GRYB International has acquired Rad Technologies and Dalkotech effective June 14th, 2022. The acquisition comes as the result of aligning company cultures, an employee-first methodology, creating an inter-company synergy and leading with humility. The newly acquired companies will expand and enhance the already extensive GRYB portfolio in powerful and unique ways. Both Rad Technologies, and Dalkotech bring decades of experience in lean manufacturing, along with a long history of developing products specifically for the OEM market, specializing in light implements for the snow and agricultural segments.

“With their combined expertise in lean manufacturing, decades of experience in OEM product development and relationship building, Rad Technologies and Dalkotech will play an instrumental role in advancing our position in the attachment industry,” says Remi Beaudoin, President at GRYB. “Our aligned cultures and shared desire for excellence made this a natural fit, and we couldn’t be more excited to have these tremendous companies join our group” The GRYB organization has seen tremendous growth since its inception in 2007. From small, humble beginnings to now with over 500,000 sq. ft. of manufacturing space, 8 factories, nearly 1000 employees and a fleet of fully automated welding equipment. With no plans to slow down in sight. “We are very proud of the organization and the people that have made GRYB into what it is today,” says Remi Beaudoin. “We’ve reached a major milestone in our group history, with producing more than 45,000 tools annually and surpassing $250 million dollars in revenue, and we’re not done yet.” Even with all the expansion and growth, GRYB has never lost sight of that dream forged in a small factory in 2007. At GRYB, every person’s hard work and dedication is what has made this growth possible, from the production floor and office staff to the vision of the owners.

The latest acquisition comes weeks after the announcement of Eco-Trak Industries joining the GRYB Group of companies. Eco-Trak specializes in designing and manufacturing technology systems, aimed at improving efficiency and job site safety, with advanced 2D digging systems, reach limiting systems, and wheel loader scales. Specializing in heavy equipment and truck industries. GRYB will celebrate its 15th anniversary this fall. Proud of its recent acquisitions of Bateman Manufacturing in Ontario, Winkle Industries in Ohio and Serco Loaders in Minnesota, as well as the start-up of the Shearex plant in Roxton Falls, GRYB is pursuing its ambitious strategic growth plan both organically and through acquisitions. GRYB International is a group of manufacturing companies that develop, design, and manufacture products for a wide range of industries (e.g., forestry, port, railway, recycling, demolition and construction). Today, GRYB International, with its headquarters in Victoriaville, QC, Canada, employs nearly 1,000 individuals.