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  6. Renew Valve & Machine Co. Acquires Cleveland Valve & Gauge Co.

M&A Deal Summary

Renew Valve & Machine Co. Acquires Cleveland Valve & Gauge Co.

On January 1, 2004, Renew Valve & Machine Co. acquired machinery company Cleveland Valve & Gauge Co.

Acquisition Highlights
  • This is Renew Valve & Machine Co.’s 1st transaction in the Machinery sector.
  • This is Renew Valve & Machine Co.’s 1st transaction in the United States.
  • This is Renew Valve & Machine Co.’s 1st transaction in Ohio.

M&A Deal Summary
Date 2004-01-01
Target Cleveland Valve & Gauge Co.
Sector Machinery
Buyer(s) Renew Valve & Machine Co.
Deal Type Add-on Acquisition

Target

Cleveland Valve & Gauge Co.

Cleveland, Ohio, United States
Cleveland Valve & Gauge Co. is a manufacturer of steam and vacuum pressure gauges patterned after the Schaeffer-Budenberg line in Germany. It also maintained a complete machine shop which manufactured parts when needed for the valves, pumps, and boilers for the growing number of steam ships then navigating the Great Lakes.

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Buyer(S) 1

Buyer

Renew Valve & Machine Co.

Carleton, Michigan, United States
Category Company
Founded 1960
Sector Business Services
DESCRIPTION

Renew Valve & Machine Co. is one of the foremost industrial valve repair companies in the United States, providing products and services for the Power, Steel, Refining, Paper, and Chemical industries.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
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