Tag: acquisition

Kinder Morgan, Inc. recently finalized its plan to acquire 15 refined products terminals from BP Products North America Inc., in a transaction valued at approximately USD $350 million. The terminals are key distribution facilities for major refined products consuming markets and have approximately 9.

Enbridge Inc. has announced the USD $538 million acquisition of Tupper Main and Tupper West gas plants and associated pipelines in north-eastern British Columbia (B.C.), from the Canadian subsidiary of Murphy Oil Corporation (Murphy).

Rotork Valvekits, with North American operations in Oklahoma, has announced its acquisition of Roto Hammer, adding a comprehensive range of valve chainwheels to its already established range of valve mounting kits and associated services.

W&O of Jacksonville, Florida, a supplier to the marine and upstream oil and gas markets of pipe, valves and fittings, valve automation and engineered solutions, has acquired Engine Monitor Inc. (EMI).

Hoerbiger Group recently announced the acquisition of Newson Gale. Hoerbigner, with operations in the United States and globally, is known for its components and systems related to explosion protection and check valves used in oil, gas, carbon and dust applications, as well as in the mechanical and plant engineering industry.

TransDigm Group Incorporated recently announced the completion of the acquisition of Airborne Systems Inc. for approximately USD $250 million. Ohio-based TransDigm Group is a leading designer and manufacturer of highly engineered aircraft components, including valves, actuators, ignition systems and engine technology.

Matrix Capital Markets Group, Inc. (Matrix), with expertise in industrial valves, pipes and fittings, among other disciplines, recently announced the successful sale of CMA Supply Co., Inc. (CMA Supply) to Carter-Waters, LLC, a Kansas City, Missouri-based portfolio company of Merit Capital Partners and Aiglon Capital Management, LLC.

GE Oil & Gas, an innovative global solutions provider to the oil and gas industry, including valve and pump services, is to acquire Advantec, a provider of subsea intervention equipment and services.

Watson-Marlow Fluid Technology Group (WMFTG), which includes Aspeco valves, has acquired the business and assets of Flow Smart Inc., through its parent company Spirax-Sarco Engineering plc. Flow Smart is a natural extension of the Watson-Marlow Fluid Technology Group fluid path product portfolio and further strengthens WMFTG's global presence in the biotechnology and pharmaceutical industries, which already includes Aspeco aseptic valves, Watson-Marlow Pumps, Watson-Marlow Tubing, Flexicon Filling Systems, BioPure single-use tubing connector systems and Alitea OEM Pumps.

Antares Capital and American Capital have arranged for USD $170 million in financing to support the acquisition of Kele Inc. by Snow Phipps Group LLC. Kele is a distributor of peripheral control products, including control valves, used in industrial and commercial building automation systems.