Tag: acquisition

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.

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).

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.

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.

Parker Hannifin Corporation, global manufacturers in motion and control technologies, with branches in North and South America, recently announced a previously completed transaction to acquire President Engineering Group Limited (PEGL) based in Sheffield, U.

Hoerbiger, a global provider of components and systems for the oil, gas & process industries, the automotive industry, and the mechanical and plant engineering field, has recently acquired IEP Technologies (IEP).

Global flow control company Rotork has announced the acquisition of the Bifold Group Ltd. (Bifold), a leading manufacturer of pneumatic and hydraulic instrument valves and components. Bifold has expertise in a number of niche sectors including subsea and wellhead control systems.