Companies are ready to resume pursuing acquisitions as soon as they are able resume site visits and other due diligence activities.
mergers & acquisitions
PITTSBURGH, Pa. — Pittsburgh-based Benshaw Inc. has announced the acquisition of Excel Industrial Electronics Inc. (Excel).
Excel, headquartered in Clinton Township, Michigan, specializes in drive systems and automation.
Benshaw specializes in applied motor controls, with operations in the U.S., Canada, Germany, Dubai, Korea and New Zealand. Excel joins Aucom Electronics as a Benshaw Group company.
BIRMINGHAM, Ala. – Motion Industries, Inc., a distributor of maintenance, repair, and operation replacement parts and a wholly owned subsidiary of Genuine Parts Company (GPC), announced two acquisitions.
VICTORIA, British Columbia - Effective July 1, it was announced that NCS Fluid Handling Systems and Canadian Pump Solutions are now officially operating as one.
Over the past months, the companies have worked to merge these two separate businesses into one. Both businesses will retain their respective names and individuality, with Canadian Pump Solutions now being a division of NCS Fluid Handling Systems Inc.
This report on the M&A activity and outlook for the fluid handling industry was prepared by Global Equity Consulting, LLC.
Slow March may be typical, not necessarily affected by COVID-19, oil and gas prices.
SAINT LOUIS - Emerson announced it has completed the purchase of American Governor Company, a specialist in technologies and services for hydroelectric turbine controls.
FLORENCE, Ala. - Adventech, creator and distributor of Maxeff brand complex motor generators, recently announced a partnership with Flanders Electric. The partnership will make the Maxeff motor generators readily available to an extended audience worldwide.
ARVADA, Colo. – Sundyne, which designs and manufactures API compliant pumps and compressors, today announced that global private equity firm Warburg Pincus has completed the acquisition of Sundyne, from BC Partners Advisors L.P. and The Carlyle Group.
DOWNERS GROVE, Ill., – Dover announced today that it has entered into a definitive agreement to acquire Em-tec GmbH (“Em-tec”), a designer and manufacturer of flow measurement devices that serve a wide array of medical and biopharmaceutical applications. Following the close of the transaction, Em-tec will become part of the PSG business unit within Dover’s Pumps &&nb
MILWAUKEE, Wis. – Helwig Carbon Products, Inc. announced the acquisition and integration of the carbon brush holder product line of J. Ream Manufacturing, Inc. The brush holders manufactured by J. Ream will now be manufactured at Helwig Carbon Products, Inc. in Milwaukee, Wisconsin. In addition to the legacy J.
SWORDS, Ireland — Trane Technologies PLC, formerly known as Ingersoll-Rand PLC, today announced that it has successfully completed its Reverse Morris Trust transaction with Gardner Denver Holdings, Inc. (Gardner Denver is now known as Ingersoll Rand Inc.). The two companies merged last year.
DEER PARK, N.Y. - Schenck USA is continuing its One Schenck USA strategy with the merger of the legal entity Test Devices Inc. (TDI) of Hudson, Massachusetts, into Schenck USA Corp. of Deer Park, New York.
This took effect on Feb. 1. TEST DEVICES will operate as a business unit of Schenck USA Corp., with premises remaining in Hudson, Massachusetts.
Key factors that have sustained strong activity and valuations over the last several years are expected to continue.
ROTHERHAM, England - Dutch asset condition monitoring specialist Van Geffen has become part of the AVT Reliability Group following its acquisition by Rotherham based AES Engineering Ltd.
The move brings one of the most specialized and experienced companies in the Netherlands into the fold of reliability focused companies owned by AES Engineering Ltd. The group also owns AESSEAL.
WORTHINGTON, Ohio — Hyperion Materials & Technologies, a global specialist in developing hard and super-hard materials for a wide range of demanding applications, on Jan. 1 completed the acquisition of AFC Hartmetall, a cemented carbide tool blank manufacturer, marking the close of the highly complementary agreement announced in September.
PITTSBURGH, Pa. -- Benshaw Inc. has finalized an agreement to acquire Aucom Electronics LTD, a New Zealand based manufacturer of soft starters. The combined organization, headquartered in Pittsburgh, Pa., offers a full range of applied motor control solutions, and is the leading supplier of low and medium voltage soft starters worldwide. Global operations now include facilities in the U.S., Canada, New Zealand, Germany, Middle East and Asia.
COLUMBIA, Md. - Tenable, Inc., the cyber exposure company, announced that it has acquired Indegy Ltd., a leader in industrial cybersecurity which provides visibility, security and control across operational technology (OT) environments.
MINNEAPOLIS, Minn. - FPX, the B2B Selling Cloud for teams selling configurable offerings in an omnichannel world, announced today that it has acquired Intelliquip, a global leader in front-end sales CPQ software built for the fluid handling equipment industry. Through the acquisition, FPX broadens its existing lineup of purpose-built solutions that simplify the selling of complex manufactured goods.
The latest fluid handling industry mergers & acquisitions report.
Strategic realignments are a driving factor; valuations remain high.
Columbus, Ohio – FCX Performance, a leading specialty flow control distributor serving original equipment manufacturers (OEMs), EPCs and end-users across the industrial process, energy and high purity industries, announced today that it has acquired Basin Engine & Pump, based in Midland, TX. Basin will maintain its identity in its marketplace operating as a division of FCX.