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Synopsis

Penn Pump, a pumping solutions company, completed the acquisition of Alyan Pump, a packaged pump systems manufacturer, and Federal Pump, a manufacturer of pumps and pump systems used in commercial, multi-family residential, and light industrial buildings. Financial terms were not disclosed. "We are incredibly excited to welcome Alyan Pump and Federal Pump into the Penn Pump family. Over the last 75 years, both companies have earned a reputation for delivering high-quality products and parts to their customers. We are eager to build upon that distinguished heritage. This acquisition allows us to leverage our core manufacturing strengths and increase our engineering capabilities to further innovate and grow these respected brands. We are committed to investing in their continued success, enhancing their product offerings, and providing even greater value to our customers," Ronald Myer, Peak Capital Company President.

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