Tag: acquisition

Curtiss-Wright Corporation has recently agreed to acquire the stock of Dyna-Flo Control Valve Services Ltd. for $62 million.

US-based specialist trade distributor, Ferguson, has recently signed an agreement to acquire Columbia Pipe & Supply, an independent distributor headquartered in Chicago, Illinois.

CIRCOR has announced that it's agreed to sell CIRCOR Instrumentation & Sampling to Crane Co. The transaction will close early in the first quarter of 2020 and the full transition will take place in the following months.

The Klinger Group recently completed a purchase agreement with the West Texas sealing specialist GPI. The acquisition of GPI will further strengthen Klinger’s industrial sealing presence in the USA.

NIBCO INC. completed the acquisition of Milwaukee Valve Company at the end of November 2019.NIBCO Chairman Rex Martin stated: “We are thrilled to build upon and deepen Milwaukee Valve’s long history of high standards of manufacturing excellence and serving its customers.

Amsted Seals and Forming, a sealing solutions and metal fabrication company, recently acquired Clark Seals Ningbo, which will be renamed Amsted Seals Ningbo (ASN).

JB Industries, a US manufacturer of HVAC/R tools and accessories, has recently completed its acquisition of C&D Valve.

Hunt Valve, a US specialty valve engineering and manufacturing company, recently completed their acquisition of Pima Valve.Pima Valve supplies severe-duty bronze marine valves, and a large variety of special bronze and alloy steel products that meet specific performance requirements for U.S., Canadian and NATO-friendly Navy ships and commercial marine applications.“We are proud to support Hunt Valve’s growth both organically and through acquisitions of high-performing businesses such as MB Valve and now Pima Valve,” said Stephen Griesemer, Partner at May River Capital.

Russel Metals Inc. has completed the announced acquisition of City Pipe & Supply.City Pipe & Supply is a leader in the supply of valves, pipes and fittings to oil and gas companies in the Permian Basin, as well as in the Eagle Ford, Granite Wash, Barnett basins and Haynesville, which together account for approximately 60% of active drilling rigs in the United States.

NIBCO will be acquiring Milwaukee Valve Co and expects the transaction to close within the fourth quarter of 2019, pending approvals.