Airtech Group Acquires Champion Valves and Valve & Pump Specialties
August 1, 2019
Airtech Group, a PE-backed manufacturer of specialty blowers, vacuums, pumps and valves, acquired Champion Valves Inc. and Valve & Pump Specialties, Inc. from founders Gary and Linda Spangler. The deal adds Champion's check and butterfly valve product line to Airtech's US Valve division, expanding its valve portfolio and end-market reach.
- Buyers
- Airtech Group, EagleTree Capital (affiliates)
- Targets
- Champion Valves Inc., Valve & Pump Specialties, Inc.
- Sellers
- Gary Spangler, Linda Spangler
- Platforms
- Airtech US Valve division
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Addon
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