Announced
Completed
Financials
Tags
Single Bidder
Majority
United States
mechanical seals
Machinery: Industrial
Acquisition
Domestic
Private
Completed
Friendly
Synopsis
OTC Industrial, an industrial equipment service provider, completed the acquisition of Allied Sales & Service, a key provider of pumps and mechanical seals. Financial terms were not disclosed. “Allied is excited to join the OTC organization. We have always strived to be a trusted partner to our customers and OTC will provide additional resources that will allow us to increase that focus," Mike Herrington, Allied Sales & Service President.
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