Applied Industrial Technologies to acquire FCX Performance for $768M

Applied Industrial Technologies agreed to acquire FCX Performance, a Columbus, Ohio distributor of specialty flow control products, for about $768 million, expected to close within 30 days. The deal is financed with a new credit facility.

“Applied Industrial Technologies ... today announced it has reached a definitive agreement to acquire FCX Performance, Inc.”sec.gov

• 1 source
• sec.govEX-99.1Jan 9, 2019

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