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
- Industry
- Industrial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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