Announced
Completed
Synopsis
Frontenac-backed Motion & Control Enterprises, a supplier of technical fluid power, automation, flow control, rotating equipment products, filtration, service, and repair solutions, completed the acquisition of North East Technical Sales, a valued-added distributor of instrumentation & control solutions for industrial and municipal customers. Financial terms were not disclosed. "We are thrilled to welcome the talented NETS associates to the MCE team. For 51 years, NETS has represented leading flow control suppliers and has successfully served industrial and municipal customers in the Mid-Atlantic region. This acquisition expands our growing flow control footprint and positions the combined business to provide an even more comprehensive suite of highly-engineered solutions to our valued customers," Charles Hale, MCE Chairman & CEO.
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