Home » DXP Enterprises to Buy Delta Process Equipment
DXP Enterprises to Buy Delta Process Equipment
May 3, 2007
DXP Enterprises, Inc. has agreed to buy Delta Process Equipment, Inc., a Southeastern U.S. supplier of industrial and municipal pump equipment and services, for $10 million.
; The unaudited sales and EBITDA of Delta Process for calendar 2006 were approximately $23 million and $2 million, respectively.   ; Delta Process'territory stretches from Louisiana to Florida and north to Tennessee. Delta Process is a full service provider of pumps, pump repair and service, pump stations, water booster stations, sewage treatment plants, blowers, process gas compressors, controls, filtration equipment, and other ancillary products. Delta Process is fully equipped with fabricating, packaging and machining capabilities.   ; John Jeffery, senior vice president of sales and marketing, said, This acquisition will add value by strengthening DXP's position by diversifying our customer base in the municipal, wastewater and downstream industrial pump markets while adding new product lines and allowing DXP to leverage synergies across new geographic areas.   ; DXP Enterprises, Inc. is a distributor of pumps, bearings, power transmission, seals, hose, safety, fluid power, electrical and industrial supplies.