Gallagher Fluid Seals Acquires IEQ Industries

April 25, 2022

Gallagher Fluid Seals, Inc. acquired IEQ Industries, a Grand Rapids-based distributor of new, used and remanufactured pumps, pump parts and pump packages. The acquisition diversifies Gallagher's product mix and adds IEQ's digital assets, including its CXI enterprise asset management platform, while IEQ owner Joseph Bichler retires and the IEQ team remains in place.

Buyers
Gallagher Fluid Seals, Inc.
Targets
IEQ Industries
Sellers
Joseph Bichler
Location
Michigan, United States
Transaction Type
Buyout

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