Tag: acquisition

Rotork, one of the market leaders for actuator manufacturing, has acquired Bifold Group Limited. The latter company is a manufacturer of pneumatic and hydraulic instrument valves and components focused on the oil and gas industry and wider industrial markets, with expertise in a number of niche sectors such as subsea and wellhead control systems.

Eastern Industrial Supplies (EISI), which is a wholesale distributor of pipe, valves, fittings and industrial supplies, has announced that it has acquired M&R Pipe and Supply, which is a PVF distributor based out of Birmingham, Alabama.

A.W. Chesterton Company, the manufacturer of ARC Efficiency & Protective Coatings, has recently acquired Ceramic Polymer GmbH, which is the manufacturer of industrial coatings that protect the metal and concrete of large industrial structures such as storage tanks, pipelines and bio gas facilities.

M&M International, a manufacturer of general purpose solenoid valves, has been acquired by Rotork Instruments. For over 30 years, M&M is a leading manufacturer of general purpose solenoid valves, air actuated piston valves, automatic drain valves, connectors, coils and customised instrumentation solutions used throughout the commercial and industrial flow control industries.

Now Inc., a spinoff of oil field services company National Oilwell Varco, has announced plans to buy up a company that supplies pipes, valves and fittings to the energy industry. Challenger Industries Inc.

Pentair PLC has agreed to buy Erico Global Co. for $1.8 billion in cash after coming under pressure from activist investor Trian Fund Management LP to strike deals. Pentair, the Manchester, U.K.

Warren Buffett’s Berkshire Hathaway Inc. agreed to buy Precision Castparts Corp., the maker of equipment including valves and turbines for the aerospace and energy industries, in a deal valued at $37.

QIP Equipment Ltd. (QIP) of Montreal has been acquired by Wolseley Industrial Canada. QIP was established in Montreal, Quebec, and has been operational since 1976. It is a wholesale distributor of manual and actuated valves, fittings, control products, and instrumentation products.

Honeywell announced that it has signed a definitive agreement to acquire the Elster Division of Melrose Industries, a provider of thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity meters, including smart meters and software and data analytics solutions, for approximately USD 5.

NOW Inc. has announced today that it has entered into an agreement to purchase the business of Challenger Industries, Inc. Challenger Industries, Inc. is a leading pipe, valves and fittings supplier for the downstream, midstream and upstream energy markets.