We are pleased to announce that Watervale Equity Partners, a Cleveland, Ohio based private equity firm, and its affiliates have acquired the stock of EMX Industries, Inc. (EMX) and its subsidiary Sensormation, Inc. effective September 21, 2018. Joe Rozgonyi, who founded EMX in 1987, and Sensormation in 2004 has made the decision to sell his stock in both companies and transition the company so he can retire. He will remain a consultant to the executive management team. Joe Williams, who also invested alongside Watervale in the transaction, will lead the company as our new CEO.
For over 30 years, EMX Industries has become a leading manufacturer of highly engineered sensors for several industries. Our main product categories include photoelectric sensors and vehicle detection sensors for the access control industry. In addition, EMX has capitalized on its expertise in optics to develop a family of sensors for the industrial automation industry including color, luminescence, opacity, contrast, light measurement, color mark, label, tin side detection, brightness, and phosphorescence sensors.
EMX Industries will discontinue use of the corporate name Sensormation effective immediately. All corporate sales will be handled in the same manner, but will be done under the EMX Industries, Inc. brand going forward. You will continue to get the highest level of service from the same sales people in our company that you have in the past. All our managers at EMX retain their current roles and are excited to continue their relationship with you.
Please send all payments to our new remit to address below:
EMX Industries, Inc.
PO Box 931689
Cleveland, OH 44193-1100