Cincinnati-based flow control components distributor Flow Control Holdings (FCH) announced Jan. 18 its acquisition of fittings and valves manufacturer and distributor Andron Stainless. Financial terms of the transaction, which includes Andron Stainless Ltd. — comprised of the company’s Canadian operations — and U.S.-based Andron Stainless Corp., were not disclosed.
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Founded in 1993, Andron is a provider of sanitary stainless steel fittings, valves, tubing and related accessories. Andron’s U.S. operations are based in Columbia, South Carolina, while its Canadian business is headquartered in Mississauga, Ontario.
“This acquisition further expands our presence and capabilities in the food, beverage and pharmaceutical markets that we serve,” FCH CEO Scott Kerns said in a news release. “We are particularly excited about Andron’s competency in machining and fabricating stainless steel components and assemblies for sanitary applications.”
Andron’s manufacturing capabilities are a natural fit with FCH’s Steel & O’Brien business unit, Kerns added.
“Pairing Andron with Steel & O’Brien’s ISO-certified, 200,000 sq. ft. manufacturing facility gives us the capability and capacity to make custom products with factory fit, function, and finish in multiple locations,” he said. “We believe this deal creates a unique value proposition for FCH within the sanitary flow components market and positions us to provide a truly differentiated offering to our customers.”
Andron is FCH’s third acquisition since becoming a portfolio company of Boston-based private equity firm Audax Private Equity in April 2022.
“Andron allows FCH to expand into Canada and grow its product portfolio, which will drive meaningful future growth,” Audax managing director Don Bramley said in the release.
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