Acquisition of provider of commercial and industrial pumps, motors, controls, field service and remanufacturing furthers OTC’s expansion into Midwest.
Latest In OTP Industrial Solutions
The company will become a division of OTP Industrial Solutions.
Acquisition of Furey Filter & Pump and PSI Engineering enhances OTCs pump, filtration, service and fabrication business.
Derrow founded OTC with his business partner, Phil Carstens, in 1963.
The company will become a division of OTP Industrial Solutions.
The company will continue to operate under the same name but as a division of Air Technologies.
CEO: Acquisition enhances Ohio Transmission Corporations capabilities.
Acquisition strengthens OTC's position in northern Ohio.
Company buys Somerset, NJ, branch of industrial distributor.
Distributor buys C & C Industrial Sales and Midway Industrial Supply.
Acquisition strengthens Ohio Transmission Corp.'s Midwest footprint.
Industrial equipment service provider and distributor will retain existing management team.
Motion Industries, Applied Industrial and OTP Industrial Solutions bolster portfolios.
Buckeye Pumps will operate as a division of OTP Industrial Solutions.
OTP strengthens engineered automation system solutions with acquisition.
Private equity continues to play a big role in distribution M&A in 2013.
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OTP Industrial Solutions acquires Industrial Process Equipment Group.
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