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July 26, 2010
US Aqua-Chem takes over SPECIFIC equipment company

M&A Navigator

US water purification systems specialist Aqua-Chem said on Monday it had purchased fluid-handling systems provider Specific Equipment Company based in Texas, for an undisclosed sum, to grow globally.

Specific Equipment offers fluid-handling systems to industry sectors including oil, resort hotels, power generation and general industry.

The deal widens Aqua-Chem’s offering and boosts its presence outside the US, mainly in Mexico and South America, the company said.

Country: USA;

Sector: Machinery/Engineering

Target: Specific Equipment Company

Buyer: Aqua-Chem Inc

Type: Corporate acquisition

Status: Closed