Announced
Financials
Tags
Friendly
Private Equity
Single Bidder
stainless steel
manufacturing
Iron and Steel
Pending
United States
Majority
Private
Acquisition
Domestic
Synopsis
Audax Private Equity-backed Flow Control Holdings, a highly engineered flow components provider, agreed to acquire Andron Stainless, a stainless steel products manufacturer. Financial terms were not disclosed. “We are excited to welcome Andron to the FCH family. This acquisition further expands our presence and capabilities in the food, beverage and pharmaceutical markets that we serve. We are particularly excited about Andron’s competency in machining and fabricating stainless steel components and assemblies for sanitary applications,” Scott Kerns, Flow Control Holdings CEO.
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