MARIETTA, Ga. - Exchanger Industries Limited (EIL), a Canadian market leader and globally recognizsed designer and manufacturer of heat transfer products for the energy, petrochemical, industrial and clean power generation sectors, has acquired HRS Heat Exchangers Ltd (HRS). Financial terms have not been disclosed.
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.
LOVELAND, Ohio – Fischer Process Industries (FPI) announced the acquisition of HE Danby Co INC, a long-standing Indiana company of 74 years servicing pump, filter, and filtration systems to their customers.
Rochester, NY / Manassas, VA – WorldWide Electric, LLC announced that it has acquired Georator Corporation and its subsidiary, Athlon. With this acquisition, WorldWide Electric added frequency converters and generators to its offering of motors, motor controls, and gear reducers.
ATLANTA, Ga. - Schneider Electric has appointed Rohan Kelkar as the new executive vice-president of power products global business. Kelkar will continue to drive the division's electrical distribution transformation business.
Kelkar takes over from Nadège Petit, who was appointed as Chief Innovation Officer.
FINLAND - Flowrox, a Finland-based company sold its valve and pump businesses to Neles, a listed Finnish manufacturer of industrial valves. The deal also includes the Flowrox brand. Flowrox’s industrial automation, environmental technologies and filter business are excluded from the acquisition and will continue under a new, later to be announced name and brand.
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DOWNERS GROVE, Ill. -- Dover announced that it has completed the acquisition of CDS Visual, Inc., which will become an operating company within Dover's Engineered Products segment.