Announced
Completed
Financials
Tags
United States
Friendly
Diversified Industrials
Private Equity
industrial plastic piping
Completed
Private
Majority
Single Bidder
Acquisition
Mbo
Synopsis
Nautic Partners completed the acquisition of Harrington Industrial Plastics, a distributor of corrosion-resistant fluid conveyance, control, and measurement products for industrial fluids and high purity applications. Financial terms were not disclosed. "We are delighted to have found in Nautic a like-minded partner. Harrington has been growing at rates well above the market for several years based on our strategy of providing superior customer service, local product availability, and a level of product and application expertise that is unrivalled in the industry. We look forward to working in close partnership with Nautic to cement these advantages and to continue our strong growth," Eben Lenderking, Harrington CEO.
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