ROCK HILL, SC. – Atlas Copco has acquired the operating assets of Northeast Compressor. Northeast Compressor sells air compressors, related equipment and services to a broad range of industrial customers in upstate New York.
pump industry mergers & acquisitions
STAMFORD, Conn. – United Rentals, Inc. today announced that the company has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The board of directors of United Rentals unanimously approved the agreement. The transaction is expected to close prior to year-end 2022, subject to customary conditions.
Stuart Turner, a manufacturer of pumps and water-boosting products for residential and commercial uses and a portfolio company of Epiris Fund II, has acquired Aquatronic Group Management (or “AGM”). Financial terms are not being disclosed.
HOUSTON – Dresser Utility Solutions has acquired the assets of Total Piping Solutions (TPS) that will be incorporated into the Dresser Pipeline Solutions (DPS) business.
DAVIDSON, N.C.– Ingersoll Rand Inc. has entered into agreements to acquire Everest Blowers Private Limited and Everest Blower Systems Private Limited (collectively, “Everest Group”) and Airmax Groupe (“Airmax”) for a combined all-cash upfront purchase price of approximately $86 million with additional potential consideration based on achievement of Everest financial targets.
CHARLOTTE, NC. – Jenkins Electric has acquired Wheeler, a sleeve and fluid film bearing manufacturer based in North Charleston, South Carolina.
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.