CHARLOTTE, N.C. – Celeros Flow Technology (Celeros FT) has announced that it has entered into a definitive agreement to sell its Filtration business unit to London headquartered private equity firm, Px3 Partners (Px3). Celeros FT is held by funds affiliated with Apollo Global Management, Inc.
Under the terms of the agreement, Px3 will purchase the Filtration business, and the transaction is subject to customary regulatory approvals and closing conditions.
NEWS
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FOWLMERE, UK - Welding Alloys has announced the acquisition of Premier Technical Ltd (“Premtech”).
WESTVILLE, N.J. - Colonial Seal Company formalized the acquisition of SSP Manufacturing of Hackettstown, NJ, on April 28, 2023. SSP has been manufacturing and distributing seals and related components to the pharmaceutical, food and beverage, power transmission, automobile, cosmetic, mining and other specialty industries since 1994.
PORT ORANGE, Fla. – Florida Pumping Solutions (FPS) is expanding its services with the acquisition of American Sock & Dewatering.
WASHINGTON – Today marks the first day of Building Safety Month 2023, the International Code Council's 43rd annual campaign designed to increase awareness of building safety issues in homes, schools and other global buildings.
CINCINNATI, Ohio – Hydrotech, Inc. has announced the acquisition of Isaacs Fluid Power Equipment Company (Isaacs)—representing progress toward the company’s mission to modernize industrial equipment and streamline operations through application know-how, technical expertise and reliable service.
GROVETOWN, Ga. – KSB SupremeServ announced today that Robin Strother has been named chief operating officer of KSB SupremeServ By Standard Alloys. This new position will report to the managing director and president, Richard Martinez, and oversee the KSB SupremeServ operations in Texas and Louisiana, including the foundry, part production machine shop, three service centers and associated service repair machine shops.
SCHAFFHAUSEN, Switzerland – Designed to serve a wide range of industries such as microelectronics, water treatment, chemical process industry, marine, building construction, and data centers, the GF Piping Systems Yangzhou plant is now the company’s largest and most efficient in Asia. To this end, it features modern production technology including a 2,000m2 prefabrication workshop and a 500m2 clean room.