NEW YORK & KENTWOOD, Mich. -- Andronaco Industries (Andronaco), a vertically integrated designer, manufacturer, and distributor of specialty polymer and composite-engineered, corrosion-resistant flow control products, and EagleTree Capital on behalf of its private equity fund EagleTree Partners V (“EagleTree”), announced today that EagleTree acquired Andronaco Industries. Terms of the transaction were not disclosed.
pump industry mergers & acquisitions
GREENVILLE, S.C. - Integrated Power Services (IPS), a specialist in service, repair and engineering for electric motors, generators, and rotating equipment, continues to grow with its acquisition of National Switchgear and National Field Services.
AMHERST, N.Y. — Quality Valve recently acquired Griffco Valve. The acquisition was finalized on Nov. 15, 2021.
Quality Valve is based out of Mobile, Alabama, and is a valve and parts-based distributor specializing in quick shipment (maintenance, repair and operations (MRO) service support. The acquisition is expected to help expand Griffco's reach, especially in the wastewater industry.
JACKSONVILLE, Fla. –– Revalize, a global player in sector-specific revenue operations software for manufacturers, their distributors and their specifiers, today announced the planned acquisition of three European software companies comprising five respected brands. The addition of the companies will both extend the Revalize solution portfolio and its European operations.
Joining the Revalize solution portfolio are:
BELOIT, Wis. — Regal Beloit Corporation, a global player in the engineering and manufacturing of electric motors and controls, power generation products and power transmission components, today announced it has completed the merger with Rexnord Process and Motion Control (PMC) to become Regal Rexnord Corporation (NYSE: RRX).
BALTIMORE, Md. – USALCO, LLC, a producer of high-quality water treatment and industrial chemicals, announced today that it has acquired the water treatment business of Altivia. USALCO is a provider of high-quality specialty chemicals used in water and wastewater treatment and other industrial applications in the United States.
Halton, a food service ventilation technology leader, has announced the acquisition of Nelbud Services Group, a leader in fire protection, kitchen exhaust cleaning, grease trap services and hood system repair.
GREENVILLE, S.C. - Integrated Power Services (IPS) has acquired Rotek Services.
MICHIGAN CITY, Ind. – Arcline Investment Management, a growth-oriented private equity firm, today announced that it has acquired a controlling stake in Dwyer Instruments from the Clark family and management.
DAVIDSON, N.C. -- Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, today confirmed that on June 10, 2021, it made an all-cash non-binding proposal to the Board of Directors of SPX Flow, Inc. to acquire SPX Flow for $85 per share. The proposal represents a 37% premium over last Friday’s closing price and a premium of approximately 20% over SPX Flow’s all-time high closing price.
VANTAA, Finland - Valmet Oyj (Valmet) and Neles Corporation (Neles) announced that their respective Boards of Directors have today signed a combination agreement (the Combination Agreement) and a merger plan to combine the two companies through a merger (the Combined Company).
Transaction highlights
DAVIDSON, NC — Ingersoll Rand Inc., a global provider of flow creation and industrial solutions, has entered into an agreement to acquire Maximus, a provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market. The transaction is expected to close in Q3 upon obtaining the required regulatory approvals. Upon transaction close, Maximus will join the PST segment.
DAVIDSON, N.C. -- Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to acquire positive displacement pump manufacturer, Seepex GmbH (Seepex). The all-cash transaction, valued at €431.5 million, is expected to close during Q3 upon obtaining required regulatory approvals.
PLANO, Texas -- Siemens announced that it has acquired Nextflow Software, an independent provider of advanced particle-based computational fluid dynamics (CFD) solutions.
NORTHBROOK, Ill.-- IDEX Corporation announced that it has entered into a definitive agreement to acquire Airtech Group, Inc., U.S.
PARIS - Veolia and Suez announce that their respective boards of directors reached an agreement in principle on April 11 on the key terms and conditions of the merger between the two groups. The deal is worth nearly 13 billion euros ($15.44 billion).
HAMDEN, Conn. – On February 28, 2021, Burt Process Equipment entered into an acquisition agreement with Fluid Handling Dynamics (FHD), a provider of fluid handling equipment, field service and pump repair based in Bryan, Ohio.
Burt Process will expand FHD’s existing infrastructure with the construction of a new state-of-the-art fulfillment, service, and repair center, scheduled to open on April 1st, 2021.
HOUSTON & LONDON -- Baker Hughes has announced it is acquiring ARMS Reliability, a global provider of reliability solutions to some of the world’s large
NACKA, Sweden - Atlas Copco has acquired DGM SRL, an Italian distributor of compressed air equipment and related services. The company’s customers are mainly industrial companies active in the Veneto region in the north-east of Italy.
DAVIDSON, N.C. -- Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, completed the acquisition of Tuthill Vacuum and Blower Systems, a division of Tuthill Corporation. The transaction, completed with cash on hand for $184 million, fits strategically with the company’s portfolio of air compression technologies and operates under the tradenames MD Pneumatics and Kinney Vacuum Pumps.
Economists expect worldwide GDP to return to a significant rate of growth in 2021.