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AxFlow Oceania acquired a majority stake in Queensland-based Dowdens Group, its largest regional investment to date in the Australian fluid handling market.
AxFlow Oceania bought a majority stake in Dowdens Group in Queensland, Australia; the existing owners remain as shareholders.
AxFlow Oceania has partnered with management to acquire a majority stake in Dowdens Group, a Queensland fluid handling provider founded in 1973. The deal is AxFlow's largest investment in Oceania to date.