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.
Location
United States
Transaction Type
Buyout

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