# Klinger Group acquires US industrial sealing company GPI

Klinger Group closed a stock purchase agreement to acquire GPI, a West Texas industrial sealing company headquartered in Borger, effective January 1, 2020. GPI operates four business locations in Texas.

- Type: Acquisition
- Announced: 2020-01-27
- Where: Borger, Texas, United States
- Status: completed
- Products: industrial gaskets, mechanical seals, pump and valve packings, industrial bolting

## Companies

- [Klinger Group](https://endata.com/companies/6043.md) (acquirer)
- [GPI](https://endata.com/companies/6044.md) (target)

## Sources

- [industrialvalvenews.com](https://www.industrialvalvenews.com/updates/klinger-group-acquires-us-industrial-sealing-company-gpi/), 2020-01-27: "The acquisition of GPI is perfectly in line with our Group strategy."
- [valve-world-americas.com](https://valve-world-americas.com/gpi-acquired-by-klinger-group/), 2020-01-30: "The Klinger Group recently completed a purchase agreement with the West Texas sealing specialist GPI."

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