FCX Performance, Columbus, OH, has acquired Renew Valve and its Cleveland Valve & Gauge division, Monroe, MI. Renew/CVG provides safety relief valve and line valve service in the U.S.
“FCX is an incredible fit for Renew/CVG,” said JB Rorick, president of Renew. “Adding our relief valve and repair expertise with their breadth of valve, pump, specialty piping, instrumentation products and services creates a unique and powerful combination.”
The acquisition also reinforces FCX's presence in the Midwest.
This is FCX’s fourth acquisition in the last six months, expanding FCX's footprint to 41 offices nationally.