Duravant Welcomes New Vice President of Business Development
Former Leveraged Finance Director Joins Engineered Equipment Leader
Downers Grove, IL — December 16, 2019 — Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced the appointment of Mike LaBelle to the position of Vice President of Business Development.
”We are very pleased to welcome Mike to Duravant,”said Mike Kachmer, CEO of Duravant. “Mike is responsible for growing the Duravant family of operating companies by identifying potential acquisitions, partnership opportunities and strategic alliances in order to expand our global portfolio of products and solutions that we provide to our customers.”
Mike brings over 10 years of experience across a variety of roles in both corporate and financial settings, including investment banking, private debt financing, and business development. Most recently, Mike was a Director at Twin Brook Capital Partners, which is a leading provider of financing solutions for private equity sponsors in the lower middle market. Prior to his role at Twin Brook Capital Partners, Mike served as Director of Commercial Development at National Express Corporation, a $1 billion subsidiary of a leading global transportation firm.
“Duravant has experienced tremendous growth over the last few years through both organic and inorganic strategies,” said LaBelle. “I look forward to engaging with the Duravant team and leaders in the food processing, packaging, and material handling spaces to further strengthen Duravant’s position as a global leader in engineered equipment.”
Mike holds a Bachelor of Science degree with a major in Accountancy and a concentration in Finance from the University of Illinois at Urbana-Champaign.
Headquartered in Downers Grove, IL, Duravant is a global engineered equipment company with manufacturing, sales and service facilities throughout North America, Europe and Asia. Through their portfolio of operating companies, Duravant delivers trusted end-to-end process solutions for customers and partners through engineering and integration expertise, project management and operational excellence. With worldwide sales distribution and service networks, they provide immediate and lifetime aftermarket support to all the markets they serve in the food processing, packaging and material handling sectors. Duravant’s market-leading brands are synonymous with innovation, durability and reliability. For more information, visit www.duravant.com.