HALMSTAD, Sweden – HMS Networks has finalized the acquisition of Red Lion Controls from Spectris Group Holdings Limited. The two companies are now one entity and can start working together on common go-to-market strategies and product offerings.
The acquisition, which was first announced December 11, 2023, has now been approved. This means that HMS Networks now has 1200 employees in 18 countries. Most staff are stationed in the U.S., Sweden and Germany.
HOUSTON – DXP Enterprises, Inc. has announced that it has completed the acquisition of Pro-Seal, Inc. Founded in 1987, Pro-Seal is headquartered in Pontiac, Michigan, and operates out of two locations servicing the Great Lakes Region of the U.S. and all of Alaska.
MIAMI, Fla. - Pleuger has announced its strategic acquisition of AVI International, a Connecticut-based specialist in the upgrade, repair and service of rotating equipment. This acquisition signifies a major expansion of Pleuger into the North American markets, marking a new chapter in the company’s history of innovation and engineering excellence. Pleuger also has manufacturing facilities in Germany and France.
STAFFORDSHIRE, UK – Wilo UK has acquired Arfon Rewinds Limited (trading as Arfon Engineering Services) in a move that further increases the company’s water management pump servicing capability.
The acquisition will enable Wilo UK to extend its service capability in key water management operations, including installation, repair, condition monitoring and general pump maintenance.
HOUSTON – DXP Enterprises, Inc. has announced that it has completed the acquisition of Kappe Associates, Inc. Founded in 1946, Kappe is headquartered in Frederick, Maryland, and operates out of three locations servicing Maryland, the District of Columbia, Delaware, Virginia, Pennsylvania, Southern New Jersey and West Virginia.
DAVIDSON, N.C. – Ingersoll Rand Inc. closed on the acquisition of Friulair S.r.l. (Friulair) in an all-cash upfront purchase price of approximately $146M.
TULSA, Okla. – Advanced Industrial Devices (AID), a portfolio company of Black Bay Energy Capital (Black Bay), is excited to announce the acquisition of R.S. Integrators, Inc. (RSI). Headquartered in Pineville, North Carolina, RSI designs and manufactures electric motor control systems and power distribution panels for the water utility, wastewater and various other industrial markets.
ST. LOUIS, Mo. – Control Devices, LLC, a portfolio company of HBM Holdings, has announced that it has acquired Gilmore. The acquisition expands Control Devices’ flow control solutions portfolio while widening its reach in the oil and gas market. The acquisition also broadens HBM Holdings’ expertise in the flow control sector.
STAMFORD, Conn. – ITT Inc. has announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj), a supplier of pumps and related aftermarket services.
WHITE RIVER JUNCTION, Vt. – Concepts NREC has announced the acquisition of RBTS, Inc.
ROCHESTER, N.Y. and HERNANDO, Miss. – WorldWide Electric Corporation has announced the acquisition of North American Electric, Inc.
HOUSTON – DXP Enterprises, Inc. has announced that it has completed the acquisition of Hennesy Mechanical Sales LLC. DXP funded the acquisitions with cash on the balance sheet.
Hennesy is a manufacturers representative in the municipal water and wastewater treatment market and provides industrial pump sales, service and repair in the states of Arizona, New Mexico, as well as West Texas.
BROOKFIELD, Wis. – Anderson Process has acquired long-standing manufacturer’s representative Tighe-Zeman Equipment LLC.
NACKA, Sweden – Atlas Copco Group has completed the acquisition of Sykes Group Pty Ltd from Seven Group Holdings Ltd (SGH), a company listed on the Australian Securities Exchange (ASX).
CHINO, Calif. and SADDLE BROOK, N.J. – Harrington Process Solutions (“Harrington”) has announced the acquisition of PumpMan (the “Company”), a leading provider of on-site maintenance, repair and replacement for all components in water and wastewater pumping systems.
CHICAGO – Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit, Michigan, U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed.
KYOTO, Japan – Nidec Corporation (the “Tender Offeror”) decided on September 13, 2023 to acquire, through a tender offer in accordance with the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended, the “Act”) and related laws and regulations (the “Tender Offer”), the common shares (the “Target Company Shares”) issued by Takisawa Machine Tool Co., Ltd. (Securities Code: 6121.
HOUSTON – DXP Enterprises, Inc. has announced the completion of the acquisition of Alliance Pump & Mechanical Service, Inc (“Alliance”), a leading municipal and industrial pump sales, service and repair company. DXP funded the acquisition with cash on the balance sheet.
MONTREAL, Quebec – WILO Canada Inc., a subsidiary of WILO SE, has acquired the assets of PLAD Equipment Ltd., a company specializing in pumps and packaged pump systems for HVAC, boosting, firefighting and irrigation applications. Plad, based in Montreal and Quebec City, Quebec, Canada, employs 43 people and also offers pump repair and machining services.
NEW YORK & BURLINGTON, Mass. – CIRCOR International, Inc. has announced the successful completion of its acquisition by investment affiliates of KKR for $56.00 per share. As a result of the completion of the transaction, CIRCOR common stock has ceased trading and will no longer be listed on the New York Stock Exchange.
DALLAS – Flowserve Corporation has announced that the French Ministry of Economy, as part of its Foreign Direct Investment review process, has rejected Flowserve’s acquisition of Velan Inc.
