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Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Jul 20, 2023ACQUISITIONTexas, United States

Fox Innovation & Technologies acquires Revak turbomachinery services business

Fox Innovation & Technologies Inc. acquired Texas-based Revak Keene Turbomachinery and Industrial Storage Services, gaining a manufacturing facility and aftermarket parts and repair business for compressors, backed by Bluewater.

Status

Completed

Productscompressorscompressor revampsaftermarket parts and repairs

CompaniesBluewater investor Fox Innovation and Technologies acquirer Revak Keene Turbomachinery target Revak Keene Turbomachinery and Industrial Storage Services target Bluewater Private Equity investor

Sectors#Industrial Machinery

“Acquisition of Texas-based Revak fires the starting gun on acquisitive strategy, with other potential targets already identified.”foxinnovation.com

2 sources
foxinnovation.comFox Innovation and Technologies Acquires Revak Keene Turbomachinery and Industrial Storage ServicesJul 20, 2023
jpt.spe.orgFormer Dresser-Rand CEO Launches Rotating-Equipment CompanyJul 21, 2023

Summarized from public sources; check the original articles before acting on it.

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