Announced
Completed
Financials
Tags
United States
Friendly
Acquisition
Domestic
Machinery: Industrial
Single Bidder
equipment
fluid management systems
Private
Completed
Majority
Synopsis
SPX FLOW, a manufacturer and supplier of engineered flow components, process equipment, and turn-key systems, completed the acquisition of Philadelphia Mixing Solutions, a company that designs fluid mixing equipment, from Wind River-backed Thunder Basin, a company manufacturing speed changers, drives, and gears, for $65m. "With our recent acquisitions of UTG and Philadelphia Mixing Solutions, we continue to execute our strategy of creating new opportunities for synergy and growth and broadening our portfolio of comprehensive mixing solutions for customers in the chemical, water & wastewater, petrochemical, mining, pharmaceutical, and nutrition & health markets," Marc Michael, SPX FLOW President and CEO.
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