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Article: United Kingdom: CIRCOR Broadens Pipeline Solutions Offerings with Acquisition of UK-Based Pipeline Engineering & Supply Co. Ltd.
- Article from:
- TendersInfo
- Article date:
- September 29, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CIRCOR International, Inc., a provider of valves and other highly engineered products and subsystems that control the flow of fluids safely and efficiently in the aerospace, energy and industrial markets, today announced that it has acquired Pipeline Engineering & Supply Co. Ltd. ( Pipeline Engineering ), a privately held pipeline products and solutions company based in the United Kingdom. Pipeline Engineering generated approximately $30 million in revenues during its most recent fiscal year. Excluding acquisition-related costs, the transaction is expected to be immediately accretive to earnings. Terms of the deal were not disclosed.
With the acquisition of ...