Flow Control Holdings (“FCH”), a portfolio company of Audax Private Equity and leading provider of sanitary flow components to producers of foods, beverages and pharmaceuticals, announced the acquisition of Andron Stainless (“Andron”), a provider of sanitary stainless steel fittings, valves, tubing and accessories based in Columbia, SC, and Mississauga, ON. The deal includes Andron Stainless Ltd., comprised of the company’s Canadian operations, and Andron Stainless Corp., based in the U.S.
Andron will continue to operate locations in Columbia, SC and Mississauga, ON, Canada. The addition of Andron is aligned to FCH’s goal to grow its product portfolio of sanitary flow components and provide industry-leading service levels to customers as its portfolio expands. Through expanding its presence in Canada and the Southeastern U.S., the addition of Andron will complement FCH’s existing footprint and enable the combined company to better service the customer base and simplify the fulfillment of their sanitary product needs. Beyond the expanded product set and geographic reach, Andron’s manufacturing capabilities represent a natural fit with FCH’s Steel & O’Brien business unit.
Courtesy of Flow Control Holdings.