Heater Specialists Acquires ParFab Industries' Fabrication Business

September 1, 2024

Tulsa-based Heater Specialists (HSI), a subsidiary of Energy Process Technologies Inc., acquired the assets comprising ParFab Industries' fabrication business in Inola, Oklahoma. The deal adds roughly 170,000 square feet of fabrication capacity, expands HSI's footprint in refinery, petrochemical and power-generation equipment manufacturing, and reflects ParFab's strategic decision to reallocate capital toward its Field Services division.

Buyers
Heater Specialists (HSI), Energy Process Technologies Inc. (EPTI)
Targets
ParFab Industries (fabrication business)
Sellers
ParFab Companies / ParFab Industries
Industry
Manufacturing
Location
Oklahoma, United States
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.