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Synopsis
Clayton Dubilier & Rice and Roper Technologies-backed Indicor, a diversified industrial company providing specialized, mission-critical technologies to customers across a variety of niche markets, completed the acquisition of AGR International, a provider of quality and process control technologies serving beverage packaging customers globally. Financial terms were not disclosed. "AGR is a terrific business with clear niche market leadership, mission-critical solutions, deep customer intimacy, and a commitment to supporting their customers' quality and sustainability needs. This acquisition demonstrates Indicor's disciplined capital deployment strategy of partnering with high-quality, leading businesses that compound Indicor's long-term financial returns," Doug Wright, Indicor CEO.
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