February 28, 2017
By: Scott Dickes
Hadley Capital recently acquired Pneumatic Conveying, Inc., a manufacturer of turnkey and custom pneumatic conveying systems. Hadley Capital acquired the business from Wayland Gillespie, in partnership with Wayland’s son, Warren Gillespie. Wayland founded Pneu-Con nearly 30 years ago. Hadley Capital and Warren Gillespie plan to develop a long-term plan for building on Pneu-Con’s reputation for deep engineering expertise and manufacturing high-quality systems that perform to specific application demands.
Hadley Capital has a wealth of experience working with family-owned businesses on generational transfers. Please contact us if we can help your family-owned business.
More about Pneu-Con
Pneu-Con designs, manufactures and installs turnkey and custom pneumatic conveying systems that serve as a critical component of dry bulk material handling systems. Pneu-Con serves a broad spectrum of the commercial economy including food, plastic, pharmaceutical, nutraceutical, chemical, and agriculture industries, among many others. Pneu-Con is based in Ontario, California, east of Los Angeles.
The Company’s web address is www.pneumaticconveyingsolutions.com.