LPW Group, a Wynnchurch Capital, L.P. portfolio company and the parent company of Penn Machine and Western Flange, announced the acquisition of El Mar Ventures, LLC (and its subsidiaries) and Advanced Industrial Technologies, LLC. Headquartered in Houston, Texas, the Company provides specialty valves, pneumatic actuators and gears used in chemical, petrochemical, LNG, refining, renewable, pulp & paper and other industrial applications. The Company goes to market through its four leading brands: Ladish Valves, Smith Valves, AIT and Diamond Gear.
Courtesy of Wynnchurch Capital.