Motion & Control Enterprises Acquires Daughtridge Sales Company
April 1, 2024
Motion & Control Enterprises (MCE) has acquired Daughtridge Sales Company, a Rocky Mount, North Carolina-based distributor of pressure and temperature instrumentation. The deal expands MCE's flow-control and instrumentation footprint in the mid-Atlantic and preserves Daughtridge's leadership under Lige Daughtridge; Anderson LeNeave & Co. served as exclusive financial advisor to Daughtridge.
- Buyers
- Motion & Control Enterprises, Frontenac
- Targets
- Daughtridge Sales Company, Inc.
- Sellers
- Lige Daughtridge
- Platforms
- Motion & Control Enterprises
- Industry
- Industrial Services
- Location
- North Carolina, United States
- Transaction Type
- Addon
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