It has been announced that VanZandt Controls LLC, which is an OFS Energy Fund portfolio company, has acquired the machining assets of Flatland Forge, Inc. The scope of the acquisition will include a vertical integration of VanZandt’s supply chain, allowing VanZandt to internally machine key components utilized in the packaging of automated valves. With its new machining capabilities, VanZandt will have greater control of the quality and delivery time of its products to better support its customers.
“We are thrilled to acquire these premier machining assets and have the exceptional machinists of Flatland join our team. By bringing machining capabilities in-house, we can more quickly and reliably supply products to our customers,” said Larry Richards, VanZandt’s President and CEO. VanZandt Controls began operations in January 2015, and provides automated valve solutions to upstream, midstream and downstream customers active in the construction of energy-related infrastructure throughout the Permian Basin. VanZandt was acquired by OFS in partnership in mid-2017 and since then, has added regional distribution centers in Hobbs, New Mexico and Canyon, Texas.