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.
pump industry mergers & acquisitions
Economists expect worldwide GDP to return to a significant rate of growth in 2021.
SWEDEN - Alfa Laval – a participant in heat transfer, centrifugal separation and fluid handling – has acquired a 20 percent stake in AMI Global, specialized in end-to-end industrial Internet of Things’ (IoT) solutions for rotating equipment, to further strengthen Alfa Laval’s position in connected services, such as condition monitoring. The signing and closing date was December 31, 2020.
PITTSBURGH -- PPG announced that it has reached a definitive agreement to acquire VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water
SWITZERLAND - Sulzer AG has signed a binding agreement to acquire Nordic Water for a purchase price of SEK 1.2bn (CHF 128m). Nordic Water is a provider of screening, sedimentation and filtration solutions for municipal and industrial water & wastewater applications. The acquisition adds to Sulzer’s wastewater treatment offering by complementing its equipment portfolio and provides further access to the fast-growing clean water market.
MILWAUKEE, Wisc. – Badger Meter, Inc. (NYSE: BMI) today announced the acquisition of Analytical Technology, Inc. (“ATi”), a privately held provider of water quality monitoring systems, for $44 million, funded with available cash.
EDGEWATER, FLa. - Holland Pump Company, an independent specialty pump rental and dewatering solutions provider, today announced it has completed the acquisition of Complete Dewatering Pumps & Wellpoints - CDPW, based in Edgewater, Florida.
BONITA SPRINGS, Fla. -- Herc Holdings Inc. (NYSE: HRI), a North American equipment rental supplier operating as Herc Rentals Inc., announced that it has acquired substantially all the assets of Houston-based Champion Rentals, Inc. (Champion). Terms were not disclosed.Champion is a full-service general equipment rental company comprising approximately 100 employees and four locations serving contractors and industrial, manufacturing and government customers in the Houston metropolitan area.
HOUSTON, Texas - Baker Hughes announced it is acquiring Compact Carbon Capture (3C), a technology development company specializing in carbon capture solutions. The acquisition underpins Baker Hughes’ strategic commitment to lead in the energy transition by providing decarbonization solutions for carbon-intensive industries, including oil and gas and broader industrial operations.
HOUSTON, Texas - Sunbelt Supply announced the acquisition of Oliver Equipment Company (OEC), a leading provider of specialty rotating equipment, onsite services and custom packaged systems for industrial applications, by affiliate FloWorks International.
BOSTON -- Representing a growth strategy focused on clean energy, Veolia North America, through its energy subsidiary, SourceOne Inc., has acquired Energenix, a Boston-based utility meter reading and billing service that provides services throughout Eastern Massachusetts.
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc., which is dedicated to industrial automation and digital transformation, today announced that it has entered into an agreement to acquire Fiix Inc., a privately-held, AI-enabled computerized maintenance management system (CMMS) company. Fiix, founded in 2008, is headquartered in Toronto, Ontario, Canada.
Tosibox has partnered with KMC Controls, an American manufacturer of open, secure, and scalable IoT and building automation solutions. KMC Controls adds Tosibox products to their product catalog.
ST. LOUIS – Emerson, earlier this month, announced it has completed the acquisition of the Progea Group, an provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies.
WILLISTON, Vt. - Flex-A-Seal, Inc and Momentum Engineered Systems, Inc. announce their planned merger to provide a unified mechanical seal and systems approach to the fluid sealing market.
The two companies will each commit their assets to the new entity and the combined group will operate under the name Flexaseal Engineered Seals and Systems, LLC.
BIRMINGHAM, Ala. - Voigt-Abernathy Sales Corporation announced the completion of the asset purchase of Pnucor, LLC, a distributor of pumps, filtration products, process equipment and services for industrial applications. The purchase also includes the Pnucor Filtration disposable media cartridge manufacturing operations and Pnucor brand name.
Companies are ready to resume pursuing acquisitions as soon as they are able resume site visits and other due diligence activities.
PITTSBURGH, PA – Pittsburgh Electrical Insulation, Inc. (PEI) announced earlier this month the acquisition of the Electrical Products Division of Fibertek, Inc. of Franklin, TN.
Fibertek, Inc. is a manufacturer of leading-edge specialty fiberglass tapes and high-performance laminates for electrical insulation applications in electric motors, generators, and transformers.