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KLINGER Holding GmbH of Gumpoldskirchen, Austria, has acquired GPI, a Texas-based supplier of industrial gaskets, seals, pumps and valves. GPI joins Thermoseal and KLINGER IGI as part of KLINGER's U.S. sealing companies. The article is dated April 2, 2020, and no deal value is given.
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.
