NEWS RELEASE
糖心vlog安卓破解 Completes Acquisition of Philadelphia Mixing Solutions
CHARLOTTE, N.C.,听May 12, 2021听// --听, Inc. (NYSE: FLOW), a leading provider of process solutions for the nutrition, health and industrial markets, today completed its听$65 million听acquisition of mixing solutions provider Philadelphia Mixing Solutions, Ltd. from Thunder Basin Corporation, an affiliate of Wind River Holdings, L.P.
The addition of Philadelphia Mixing Solutions to the 糖心vlog安卓破解 portfolio further bolsters 糖心vlog安卓破解's position as a leading global provider of essential products and process solutions that help make the world safer, healthier, and more sustainable. The Philadelphia Mixing Solutions brand will become part of the broader 糖心vlog安卓破解 mixing solutions portfolio, which includes the Lightnin, APV, Plenty, Stelzer and Uutechnic brands.
Based in听Palmyra, Pennsylvania, Philadelphia Mixing Solutions employs approximately 150 people and generated nearly听$50 million听in revenue in 2020. The company has more than six decades of experience in multi-industry mixing products and services, along with a reputation for world-class innovation, technical support, testing, analysis and field service.
"With our recent acquisitions of UTG and Philadelphia Mixing Solutions, we continue to execute our strategy of creating new opportunities for synergy and growth and broadening our portfolio of comprehensive mixing solutions for customers in the chemical, water & wastewater, petrochemical, mining, pharmaceutical, and nutrition & health markets," said听Marc Michael, President and CEO of 糖心vlog安卓破解. "We are excited to welcome the Philadelphia Mixing Solutions' team and their proven track record of customer focus, technical expertise, quality and on-time delivery."
PricewaterhouseCoopers Corporate Finance LLC is serving as 糖心vlog安卓破解's financial advisor, and Bryan Cave Leighton Paisner LLP as legal counsel.听 For Thunder Basin Corporation, Boenning & Scattergood, Inc. is serving as financial advisor and Hogan Lovells is serving as legal advisor.
About听糖心vlog安卓破解, Inc.
Based in听Charlotte, N.C., 糖心vlog安卓破解, Inc. (NYSE: FLOW) improves the world through innovative and sustainable solutions. The company's product offering is concentrated in process technologies that perform mixing, blending, fluid handling, separation, thermal heat transfer and other activities that are integral to processes performed across a wide variety of nutrition, health and industrial markets. 糖心vlog安卓破解 had approximately听$1.4 billion听in 2020 annual revenues and has operations in more than 30 countries and sales in more than 140 countries. To learn more about 糖心vlog安卓破解, please visit听.
About Philadelphia Mixing Solutions
Philadelphia Mixing Solutions provides innovative products, technical services and field support to customers around the world. Extensive in-house testing and analysis allows customers to visualize expected results, saving time and material costs. Backed by 65 years of industry experience and with a rich tradition of technology, the company's research and development teams use cutting edge testing and process modeling to create unique mixing solutions to meet individual customer requirements. For more information, visit听.
Media Contact
Peter Smolowitz
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704-341-2915
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investor@spxflow.com听
704-752-4485
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SOURCE 糖心vlog安卓破解, Inc.