Marshall Excelsior Company, a Harbour Group company, has acquired Xanor de Mexico (“Xanik”), Jeff Fox, Harbour Group’s chairman and chief executive officer, announced. Terms of the transaction were not disclosed.
Xanik, based in Mexico City and founded in 1983 by Samuel Nicolayevsky, is a leading manufacturer of specialty valves used in severe service applications.
Mr. Fox commented, “Xanik is an excellent addition to MEC as it expands their product offering, global reach, and end-markets served. MEC has been focused on expanding its valve offerings in various applications and Xanik represents a great opportunity for us to strengthen that initiative.”
Courtesy of Harbour Group.