Product category:
Process and OEM Valves
News Release from: Swagelok
Edited by the Engineeringtalk Editorial
Team on 05 September 2003
Manx acquisition boosts process
portfolio
Swagelok has acquired Kenmac, a privately held manufacturer of high-quality instrumentation valves and manifolds, pressure regulators, process interface valves and piping products.
Swagelok Company has completed the acquisition of Kenmac, a privately held manufacturer of high-quality instrumentation valves and manifolds, pressure regulators, process interface valves, and piping products Kenmac is located on the Isle of Man in the British Isles and employs about 130 skilled associates
This article was originally published on Engineeringtalk on 27 May 2002 at 8.00am (UK)
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Terms of the agreement were not disclosed.
The acquisition broadens Swagelok's portfolio of high-quality products for the oil and gas, chemical, and other process industries and leverages the company's unique global distributor network.
"We are excited about this acquisition", says Arthur F Anton, Swagelok's President and Chief Operating Officer, "because Kenmac's products are such an excellent fit with Swagelok's existing product offering.
Every bit as important is the similarity in the values and culture of the two organisations.
Combining our resources and capabilities will ensure more complete solutions for fluid system customers around the world".
Robert A Hastings, who will retain his position as Managing Director of Kenmac, notes: "This acquisition opens up Swagelok's world class industrial distribution network to our products so we can continue growing employment and our manufacturing base on the Isle of Man".
Kenmac products such as regulators, high-pressure needle valves, distribution manifolds, root valves, block and bleed valves, and monoflanges will complement Swagelok's offering and will be available through Swagelok's network of independent sales and service centres worldwide.
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