Endries International Acquires Viscan Group

Endries International Acquires Assembly Fasteners, Inc.

November 12, 2024

Industrial Services

Endries International, a distributor of industrial fasteners and supply-chain solutions, has acquired Assembly Fasteners, Inc., a Florida-based distributor specializing in latches, fasteners and inventory-management services. The deal expands Endries' presence across the southeastern United States and adds AFI's VMI/CMI and iBinDrop fulfillment capabilities to Endries' distribution footprint.

Endries International Acquires ServTronics

September 3, 2024

Industrial Services

Endries International, a leading distributor of industrial fasteners and Class-C components, has acquired ServTronics, a distributor of fasteners and electro-mechanical hardware based in Winter Park, Florida. The acquisition strengthens Endries' capabilities and product synergies in high-reliability end markets including aerospace, defense, and medical equipment, and brings ServTronics' inventory management solutions and OEM customer relationships into the Endries platform.

Crane Company Acquires Vian Enterprises, Inc.

January 3, 2024

Aerospace & Defense

Crane Company has acquired Vian Enterprises, Inc. for approximately $103 million on a cash-free, debt-free basis. Vian, a designer and manufacturer of multi-stage lubrication pumps and lubrication system components for aerospace and defense, reported trailing 12-month sales of about $33 million and adjusted EBITDA of approximately $8 million; Crane said the acquisition expands its Aerospace & Electronics fluid solution capabilities and is expected to be immediately accretive to segment margins.

Flowserve Corporation Acquires Velan Inc. for Approximately $245M

February 10, 2023

Manufacturing

Flowserve Corporation agreed to acquire Velan Inc. in an all-cash transaction valued at approximately $245 million (C$329 million), including assumption of outstanding debt. The acquisition adds Velan's engineered industrial valve products, aftermarket opportunities and technical expertise—particularly in nuclear, cryogenic and defense markets—to Flowserve's Flow Control Division and is expected to deliver cost synergies and be accretive to adjusted EPS in the first full year after close.

Novvia Group Acquires Andicor Container Distribution (Canada)

February 10, 2022

Industrial Services

Novvia Group has acquired the container distribution division of Andicor Specialty Chemicals (to be rebranded Novvia Group Canada). The acquisition expands Novvia's North American footprint in rigid packaging distribution and is backed by Kelso & Company; financial terms were not disclosed.

Ardian-led Consortium Acquires Vulcain Engineering (LBO)

December 22, 2023

Engineering Services

Ardian is leading a consortium including Tikehau Capital, EMZ, Bpifrance, Amundi and the Fonds France Nucléaire (managed by Siparex) in a leveraged buyout of Vulcain Engineering. The transaction effects the exit of existing shareholders Equistone Partners Europe and Sagard while co-CEOs Frédéric Grard and Alban Guilloteau and more than 350 employee-shareholders strengthen their positions. The new financing will provide resources to accelerate Vulcain's international expansion, digitisation of engineering processes and continued external growth via acquisitions.