Arcline Investment-backed Fairbanks Morse completed the acquisition of Hunt Valve from May River Capital.

Arcline Investment-backed Fairbanks Morse, a manufacturer of internal combustion engines, completed the acquisition of Hunt Valve, a manufacturer and designer of fluid power engineering components and parts, from May River Capital, a private equity investment firm. Financial terms were not disclosed. "Our excellent partnership with May River Capital over the last five plus years has not only fueled our growth but has also positioned us well for the next stage of development. We have continued to focus on meeting customer expectations, particularly in handling the growth in our end market and focusing on quality and delivery. Our customers continue to be great partners and we are excited to be part of the Fairbanks Morse Defense and Arcline Investment Management team which will further improve our ability to bring the highest quality solutions to our customers," Charles Ferrer, Hunt Valve CEO.