Motion & Control Enterprises Acquires Precision Pump & Valve - Modern Distribution Management

Motion & Control Enterprises Acquires Precision Pump & Valve

The acquisition is MCE's eighth since 2021.
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On Feb. 1, Pennsylvania-based industrial distributor Motion & Control Enterprises (MCE) announced its acquisition of Precision Pump & Valve (PPV). Financial details of the transaction were not disclosed.

Founded in 1985, PPV is a distributor of safety and relief control valves, pumps and related process equipment. The company — which serves the oil and gas, petrochemical and chemical processing markets — is also a provider of safety relief and control valve repair. PPV is based in Lake Charles, Louisiana, and operates six locations across Louisiana, Texas and Ohio.

MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.

“PPV’s valve repair capabilities and technical product offering will significantly expand our value-added services offering and provide entry into new products, attractive geographies,” MCE chairman and CEO Charles Hale said in a news release. “PPV will become part of our growing family of businesses, all of which are focused on providing full lifecycle, highly engineered fluid power, flow control, automation and compressed air solutions to OEM, EPC, and end-user customers.”

PPV is MCE’s eighth acquisition since 2021. Privately-owned MCE made three acquisitions in 2022, most recently acquiring Nightwine Valves & Actuation in November.

See MDM’s Investment Bank Directory for a rundown of the key investment banks and advisory firms in the distribution sector.

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