OTC Industrial Technologies Acquires Fleetwood Industrial Products and P-M Industrial, Inc.
January 1, 2025
OTC Industrial Technologies has acquired Fleetwood Industrial Products and P‑M Industrial, Inc., two Northeast-based rotating equipment distributors and service providers. The deal expands OTC's regional service and repair capabilities for rotating equipment, seals, and related systems and strengthens its footprint serving oil & gas, power, municipal and industrial customers.
- Buyers
- OTC Industrial Technologies
- Targets
- Fleetwood Industrial Products, P-M Industrial, Inc.
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Buyout
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