Motion & Control Enterprises (“MCE”) announced that it has acquired Precision Pump & Valve (“PPV”). This acquisition marks the first of 2023 and the eight since 2021.
Based in Lake Charles, LA, PPV was founded in 1985 and is a distributor of safety relief & control valves, pumps, and related process equipment. PPV also is a large provider of safety relief & control valve repair and remanufacturing services. The company serves the oil & gas, petrochemical, and chemical processing markets. PPV operates 6 facilities across Louisiana, Texas, and Ohio. 4 of PPV’s locations are VR-certified by the National Board of Boiler & Pressure Vessel Inspectors.
About Motion & Control Enterprises
Founded in 1951, MCE is a leading supplier of technical fluid power, automation, flow control, compressed air and lubrication products, repair & services, and bespoke solutions. The company serves more than 20,000 MRO and OEM customers from 31 facilities across the Great Lakes, upper Midwest, Southwest and beyond. For more information, please visit www.mceautomation.com.
The company is majority-owned by Frontenac, a Chicago-based private equity firm that invests in middle market buyout transactions in consumer, industrial and services markets. For more information, please visit www.frontenac.com.
Courtesy of Motion & Control Enterprises.