# TransTech Energy acquires Bendel Tank & Heat Exchanger

TransTech Energy announced the acquisition of Bendel Tank & Heat Exchanger, based in Charlotte, North Carolina, on February 28, 2020. Bendel produces engineered products for chemical, pharmaceutical, food, textile, and energy markets, and will complement TransTech's Texas-based assets.

- Type: Acquisition
- Announced: 2020-03-04
- Where: Charlotte, North Carolina, USA, United States
- Status: completed
- Products: engineered tanks, heat exchangers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [TransTech Energy](https://endata.com/companies/45710.md) (acquirer)
- [Bendel Tank & Heat Exchanger](https://endata.com/companies/45711.md) (target)
- [Bridge Industries](https://endata.com/companies/45728.md) (investor)

## Sources

- [bendel.com](https://www.bendel.com/bendel-news-events/news/bendel-partners-with-transtech), 2020-03-04: "We are proud to announce the sale of Bendel Tank & Heat Exchanger to TransTech Energy on February 28, 2020."
- [transtechenergy.com](https://www.transtechenergy.com/lpg-ngl-storage-news/transtech-energy-acquires-bendel-tank-and-heat-exchanger-0), 2020-03-04: "We’re excited to welcome Bendel to the TransTech family"
- [prnewswire.com](https://www.prnewswire.com/news-releases/transtech-energy-acquires-bendel-tank-and-heat-exchanger-301016420.html), 2020-03-04: "We're excited to welcome Bendel to the TransTech family"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.