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
Location
North Carolina, United States
Transaction Type
Addon

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