TransTech Energy (Bridge Industries) Acquires Bendel Tank and Heat Exchanger
March 4, 2020
TransTech Energy, a portfolio company of Bridge Industries, acquired Bendel Tank and Heat Exchanger, Corp., a 60-year-old Charlotte-based designer and fabricator of pressure vessels, heat exchangers, reactors and storage vessels. The deal adds a 65,000 sq. ft. East Coast fabrication facility and on-site storage capacity to TransTech's existing Texas operations, expanding capacity, product offerings and responsiveness for oil & gas, petrochemical and other industrial customers.
- Buyers
- TransTech Energy, Bridge Industries, LLC, Bendel Tank and Heat Exchanger (TransTech subsidiary)
- Targets
- Bendel Tank and Heat Exchanger, Corp.
- Platforms
- TransTech Energy
- Industry
- Industrial Services
- Location
- North Carolina, United States
- Transaction Type
- Addon
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