Announced
Completed
Synopsis
The Stephens Group-backed Kele, a distributor of commercial and industrial automation products and controls solutions globally, completed the acquisition of AC Controls and AC Technical Services, a distributor and rep of industrial process and combustion applications. Financial terms were not disclosed. "ACC adds another leading industrial automation company to the Kele Companies. ACC is an industry leader with a focus on valve automation, field service, systems integration, and technical support. Along with its geographical coverage and strong line card, ACC is a natural fit with our Lesman Instrument and A-tech businesses," Danny Lyons, Kele President and CEO.
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