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Applied Industrial Technologies to acquire FCX Performance for $768 million
Applied Industrial Technologies agreed to acquire FCX Performance, a Columbus, Ohio distributor of valves, instruments, pumps and lifecycle services, for about $768 million, with closing expected within 30 days.
Productsvalvesinstrumentspumpsflow control productslifecycle services
“Applied Industrial Technologies (NYSE:AIT) today announced it has reached a definitive agreement to acquire FCX Performance, Inc.”ir.applied.com
- 4 sources
- ir.applied.comApplied Industrial Technologies, Inc. - Applied Industrial Technologies to Acquire FCX Performance, Inc.Jan 9, 2018
- inddist.comApplied Industrial Technologies To Acquire FCX PerformanceJan 9, 2018
- harvestpartners.comHarvest Partners, LP Reaches Definitive Agreement to Sell FCX Performance - Harvest PartnersJan 9, 2018
- news.bloomberglaw.comApplied Industrial to Buy FCX for $768 Million to Add ValvesJan 9, 2018
Summarized from public sources; check the original articles before acting on it.