Brown, Gibbons, Lang & Company, L.P. Completes Sale of Scheu & Kniss for DT Industries, Inc.

    CHICAGO--July 26, 2001--The investment banking firm of Brown, Gibbons, Lang & Company (BGL) announced it has completed the divestiture of Scheu & Kniss (S&K) for DT Industries, Inc. (DTI).
    Based in Dayton, Ohio, DTI is a global manufacturer of automation systems and solutions for the assembly, testing and packaging of consumer and industrial products.
    S&K, a division of DTI located in Louisville, Ky., manufactures tablet press replacement parts and provides rebuild services a wide range of industries including, pharmaceutical, nutritional and other industrial markets. S&K was acquired by Elizabeth Carbide Die Co., Inc., a Pittsburgh-area manufacturer of tooling and replacement parts for tablet presses. Terms of the transaction were not disclosed.

    Brown, Gibbons, Lang & Company is a Midwest-based investment banking firm serving middle market businesses nationally and internationally. In the past four years, BGL has completed more than $3 billion of M&A transactions, more than $600 million of institutional private placements, a dozen corporate restructurings, and has sponsored and financed three successful industry roll-ups. The firm has more than 25 investment banking professionals with offices in Chicago and Cleveland. For information contact Stephen J. Miles, Vice President, Brown, Gibbons, Lang & Company. Phone: 312-658-1600. Fax 312-368-1988. Email: HYPERLINK "mailto:smiles@bglco.com" or smiles@bglco.com