ACQUISITION: Sanker Sells Blue Chip to Roses

Jason Sandefur

Ken Sanker sold Blue Chip Engineered Products to Mike Rose and Wendy Rose.
“After 21 years in the specialty fastener industry, it was time to move on and pursue other interests,” outgoing CEO Sanker explained.
The Roses together have more than 40 years of manufacturing and service industry B2B management experience.
“In selecting a buyer for Blue Chip I was looking for someone who would continue the growth while best serving the interests of our customers, suppliers and employees,” Sanker noted. “As president and CEO Mike Rose brings a wealth of experience in operations, sales, manufacturing and finance. He has a record of building successful organizations in several industries with domestic and international operations.”
Wendy Rose has more than 25 years experience in business development and strategy, sales, marketing and communications. She was vice president and executive director of a national agri-chemical trade association. Previously she spent 15 years in advertising and public relations. She has been on the Department of Communications faculty at Northern Kentucky University.
Mike Rose noted that Blue Chip has 21 years of growth and said they know how to “build on the platform that exists today and grow the business significantly over the long term.”
Sanker will remain at Blue Chip through October to assist in the transition.
Blue Chip was founded in 1984 and provides specialty metal, plastic and assembled component parts and distribution services to OEMs and automotive marketplaces.
Blue Chip is located at 4060 Webster Ave., Cincinnati, OH 45212. Tel: 513 631-0138 Fax 513 631-2957 E-mail: bcep@fuse.net \ 2005 FastenerNews.com