Announced
Financials
Tags
Private
Acquisition
Single Bidder
industrial supplies
control valves
Majority
Friendly
Canada
actuator components
Machinery: Specialty
Pending
Synopsis
Curtiss-Wright, a manufacturer of diversified industrial products, is set to acquire Dyna-Flo Control Valve Services, a manufacturer of valves, actuators and pressure control systems, for $62m. "The acquisition of Dyna-Flo yields significant opportunities for growth by increasing the breadth of our industrial valve portfolio with complementary products recognized for their critical performance in severe service environments. his transaction supports our long-term financial objectives including increased sales growth, margin expansion, and solid free cash flow generation,” David C. Adams, Curtiss-Wright Chairman and CEO.
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