# Richards Industrials acquires MBF Stainless Valves pharma valve assets from May River Capital

May River Capital sold the pharma valve assets of MBF Stainless Valves (Montreal Bronze) to Richards Industrials, a portfolio company of Astor Place Holdings. The deal expands Richards' Steriflow division with MBF's sanitary diaphragm valve line. EC M&A was exclusive financial advisor to May River.

- Type: Acquisition
- Announced: 2020-07-10
- Status: completed
- Products: sanitary diaphragm valves, pharma valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [May River Capital](https://endata.com/companies/956.md) (partner)
- [MBF Stainless Valves](https://endata.com/companies/6740.md) (target)
- [Richards Industrials](https://endata.com/companies/6741.md) (acquirer)
- [Astor Place Holdings](https://endata.com/companies/6742.md) (investor)

## Sources

- [ec-ma.com](https://www.ec-ma.com/may-river-capital-has-sold-the-pharma-valve-assets-of-mbf-stainless-valves-to-richards-industrials-a-portfolio-company-of-aastor-place-holdings/), 2020-07-10: "May River Capital has sold the pharma valve assets of MBF Stainless Valves (Montreal Bronze) to Richards Industrials, a portfolio company of Astor Place Holdings."

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