Tag: acquisition

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.

The purchase of Minnesota-based Stern Rubber Company (Stern Rubber) by Michigan-based Zhongli North America, Inc. (Zhongli) was recently announced by Kenneth Rohan, Vice President of Operations for Zhongli.

Trimble has acquired privately held Telog Instruments Inc. (Telog), based in Victor, New York. Telog is a wireless water infrastructure monitoring and management company. The acquisition extends Trimble’s smart water strategy by adding advanced water management technology and productivity solutions to the company’s portfolio.

Strahman Valves Inc., a valves manufacturer located in Lehigh Valley Industrial Park VI in Bethlehem, Pennsylvania, has acquired an Illinois firm, BI-TORQ Valve Automation Inc. "The acquisition of BI-TORQ Valve Automation was a strategic decision that strengthens BI-TORQ sales and marketing efforts in the U.

Nibco, Inc., a global valve manufacturer headquartered in Elkhart, Indiana, recently announced that it has acquired the assets of the Sure Seal product line from OPW Engineered Systems, Inc. Sure Seal specializes in the design and manufacture of industrial valves and components.

Parker Hannifin Corporation (Parker), a global leader in motion and control technologies based in Mayfield Heights, Ohio, has expanded its cryogenic valve capability by the acquisition of Bestobell Valves, as part of President Engineering Group Limited (PEGL).

Pentair, a global provider of water flow and energy solutions, including valve manufacturing, with branches in North and South America, has completed the previously announced acquisition of electrical and fastening products maker ERICO Global Company for $1.