ERIKS North America, a leading industrial process solutions provider, recently added two new companies to its family of industry leaders. With the acquisitions of Action Industrial Group by ERIKS’ Lewis-Goetz and Seals and Packings, Inc. by ERIKS Seals and Plastics, the company continues its aggressive growth and commitment to expanding its business model geographically and within strategic end markets.
ERIKS industrial distributor Lewis-Goetz entered a definitive agreement in April to acquire Action Industrial Group, a South Carolina-based fabricator and distributor specializing in fasteners, gaskets, hose products and industrial construction tools and supplies. The acquisition adds seven Southeast locations to the Lewis-Goetz footprint, as well as considerable gasket fabrication technologies. Action Industrial Group has 78 employees and had $21.5 million in net sales last year. As part of Lewis-Goetz, Action Industrial Group will have the opportunity to expand its reach with more access to resources and greater opportunities to cross-sell products. Lewis-Goetz fabricates and distributes hose, sealing, conveyor belt and valve products from nearly 100 locations in the United States and Canada.
ERIKS Seals and Plastics Inc., a leading technical resource for seals, engineered and bearings required for demanding applications, has also acquired Texas-based Seals and Packings. Seals and Packings has been in operation for more than 30 years, delivering high-performance seals and related components to a wide range of industries, including oil and gas, automotive, rail, aerospace, mobileand industrial hydraulics, chemical, petrochemical and medical.
This acquisition enables ERIKS to enhance its client base in the U.S. oil and gas industry and will further strengthen its product and service offerings to existing and new customers.