Announced
Completed
Synopsis
Frontenac-backed Motion & Control Enterprises, a motion and control systems distributor, completed the acquisition of Precision Pump & Valve, an industrial equipment company. Financial terms were not disclosed. “We are very excited to welcome Precision Pump & Valve and its valued teammates to the MCE family. PPV’s valve repair capabilities and technical product offering will significantly expand our value-added services offering and provide entry into new products, attractive geographies. PPV will become part of our growing family of businesses, all of which are focused on providing full lifecycle, highly engineered fluid power, flow control, automation and compressed air solutions to OEM, EPC, and end-user customers,” Charles Hale, MCE Chairman & CEO.
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