CHARLOTTE, NC. – Jenkins Electric has acquired Wheeler, a sleeve and fluid film bearing manufacturer based in North Charleston, South Carolina.
pump industry mergers & acquisitions
KNOXVILLE, Tenn. – Oct. 4, 2022—RDI Technologies, Inc. (“RDI”) today announced it has completed the purchase of privately-held Fastec Imaging Corporation (“Fastec”). RDI’s acquisition of Fastec adds new customers, talent and intellectual property, and it enables RDI to accelerate its product development initiatives. The transaction follows SFW Capital Partners’ (“SFW”) strategic investment in RDI in February 2022.
ROCK HILL, SC – Atlas Copco Compressors has acquired the operating assets of the compressor business of Mesa Equipment & Supply Company (Mesa). Mesa is headquartered in Albuquerque, New Mexico and has a significant market presence across the entire state.19 people will join Atlas Copco as a result of this acquisition.
BROOKFIELD, Wis. – Anderson Process has acquired Neil Dornbusch & Associates.
TORONTO – EBARA Corporation Japan (EBARA) has acquired 100% equity of Hayward Gordon L.P. (Hayward Gordon).
DAVIDSON, N.C. – Ingersoll Rand Inc. has acquired Dosatron International L.L.C. and Dilution Solutions L.L.C. (collectively, “Dosatron International”) for an all-cash upfront purchase price of approximately $90 million, with additional future consideration of up to $15 million.
WEST PALM BEACH, Fla., – Holland Pump Company today announced it has completed the acquisitions of Sander Power Equipment based in Trevose, PA and Pump & Power Equipment Corp. based in Jessup, MD.
LOHR a. MAIN, Germany – Bosch Rexroth has agreed to acquire the motion control specialist Elmo Motion Control Ltd, headquartered in Petach-Tikva, Israel. Elmo develops and produces electrical high-end servo drives and motion controls for industrial automation. The company has around 330 associates. Bosch and Elmo signed an agreement to that effect on September 4th, 2022. The purchase price will not be disclosed. The transaction is subject to antitrust approvals.
MARLBOROUGH, Mass. – Spectris has completed the acquisition of Dytran Instruments, Inc., after the transaction received the required regulatory approval. As a result, Dytran will be integrated into the HBK business.
The acquisition of Dytran will broaden HBK’s existing sensor offering and further advance its ability to design and deliver custom sensing solutions with a fast turnaround.
HELSINKI, Finland – Metso Outotec has closed the acquisition of Global Physical Asset Management, a technology provider based in North America. The acquisition will further strengthen Metso Outotec’s capabilities in digital field service inspections for grinding.
CHINO, Ca. – Harrington Industrial Plastics (“Harrington”) has acquired Crist Group (“Crist”), in partnership with the company’s owner, Paul Crist. Crist’s technical fabrication capabilities include infrared fusion welding, hot gas welding, ultrasonic welding, CNC machining, laser drilling and etching, precision flaring and clean room preparation and packaging.
DORTMUND, Germany – Wilo has acquired FSM Frankenberger GmbH & Co. KG in Pohlheim and WSM Walower Stahl- und Maschinenbau GmbH in Walow. Both companies specialise in technologies for mechanical cleaning and treatment of wastewater.
Greensboro, N.c.– Tencarva Machinery Company (“Tencarva” or the “Company”) announced today that it has acquired Fischer Process Industries (“Fischer Process”). Fischer Process’s existing management team, including President Ken Fischer, will remain with the company. Tencarva is a portfolio company of Bessemer Investors LLC (“Bessemer”), a New York-based investment firm. Financial terms of the transaction were not disclosed.
SADDLE BROOK, N.j. — PumpMan has announced the acquisition of Ransom Pump & Supply based in Ramona, CA. Ransom Pump & Supply will join PumpMan’s Baldwin Park-based PumpMan SoCal and PumpMan San Diego in serving the commercial, industrial, municipal, agriculture and multi-unit residential pump systems in Los Angeles, Orange, San Bernardino, Riverside, San Diego and Imperial counties.
VANCOUVER, Wash. and FORT LAUDERDALE, Fla.— Motor-Services Hugo Stamp, Inc. (“MSHS”) has acquired Pacific Power Group (“PPG”). As PPG’s and MSHS’s growth continues to accelerate, the focus remains on providing customers with reliable “one-stop” services for turnkey solutions that capitalize on technical expertise and geographic convenience
ROCK HILL, Sc. -- Atlas Copco has acquired the operating assets of Compressed Air Products, Inc. (CAP). CAP sells to a broad range of industrial customer segments and has a strong service business.
DAVIDSON, Nc.-- Ingersoll Rand Inc. has entered into agreements to acquire Holtec Gas Systems LLC (“Holtec”), Shanghai Hanye Air Purifying Technology Co., Ltd (“Hanye”) and Hydro Prokav Pumps (India) Private Limited (“Hydro Prokav”) for a combined cash purchase price of approximately $35 million.
NEW YORK--H.I.G. Capital ("H.I.G.") is pleased to announce that its portfolio company, United Flow Technologies (“UFT”), a platform established to invest in the municipal and industrial water and wastewater market, has completed the acquisitions of Shape, Inc. (“Shape”), Engineered Equipment Solutions (“EES”), Newman Regency Group (“Newman Regency”) and Southwest Valve & Equipment (“Southwest Valve”). UFT has completed seven acquisitions since its formation in July 2021.
PITTSBURGH & LINDEN, N.J.-- Evoqua Water Technologies (NYSE: AQUA) today announced that it has acquired privately-held EPICOR, Inc., a manufacturer of powdered ion exchange resins and resin/fiber mixtures for the power industry.
NACKA, Sweden -- Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump Co., Ltd. The company develops and manufactures liquid ring vacuum pumps and systems, mainly used in the chemical and other general industries.
Shangdong Jinggong Pump, which operates under the brand name Chinco, was founded in 1998 and has 100 employees. The headquarter is located in Zibo, in China’s Shandong province. In 2021, the company had revenues of approximately MUSD 12 (MSEK 102).