Investor, executives take majority stake in Mixer Systems

Sources: Mixer Systems Inc., Pewaukee, Wis.; CP staff

Lesley Hill and David Boles have sold a majority stake in Mixer Systems, the business their father, William Boles, founded in 1979 and built into a premier manufacturer of mixing and batching equipment for concrete, glass and environmental applications. The siblings retain minority positions as the new majority owners—a Milwaukee investor and company executives—effect a management transition with the promotion of Doug Duley from president to chief executive officer, and Nicholas Passint from general manager to president. DustMaster Division General Manager Scott Adams assumes an expanded role with GlassMaster product line responsibility. 

Mixer Systems excels in specialized batch plants and components like horizontal blade mixers.

“We’re grateful to Lesley and David for their steady leadership in guiding Mixer Systems after the death of William Boles in 2014,” says Duley. “While we’ll miss their energy and spirit, we congratulate them on their retirement and wish them well in spending more time with family and pursuing their passions outside of Mixer.” The ownership and management changes are expected to bring new capital and help position the company for significant growth in the years to come, while also maintaining its tradition for innovation and the industry’s largest line-up of mixers and related equipment, he adds.

“This is an exciting time for the company as we look to a new chapter of being an industry leader and continuing to provide the best possible solutions for our customers,” affirms Passint.  “Our products will still proudly wear the ‘Made in America’ label to reflect the engineering, craftsmanship, and reliability for which Mixer is known worldwide.”