Harrington Acquires Cortrol Process Systems to Enhance Offering of Flow Control Solutions
2024年8月5日 - 9:00PM
ビジネスワイヤ(英語)
Harrington Process Solutions (“Harrington”), a leading
distributor of industrial flow control products in the United
States, today announced the acquisition of Cortrol Process Systems
(“Cortrol” or the “Company”). Financial terms of the private
transaction were not disclosed.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240801130617/en/
Founded in 1971, Cortrol provides a full line of over a dozen
high-quality, non-metallic corrosion resistant flow-control product
categories for the chemical processing, industrial, municipal
water, and other end markets across the Midwest and Gulf Coast. In
addition to distribution, Cortrol offers fabrication services of
fiber-reinforced plastic flow-control products and systems. Seth
Junge will continue leading the Company under Harrington’s
ownership.
“Cortrol is a distributor of strategically important product
categories with attractive end market exposure, targeted
territories, and value-added fabrication capabilities,” said Bob
Graham, CEO of Harrington. “Their excellent reputation, deep
relationships with suppliers and customers, robust product
portfolio, and experienced fabrication and engineering teams will
enable us to enhance our existing strengths and add valuable
services to better serve our customers throughout the product
lifecycle. We are looking forward to partnering with Seth and the
team and strengthening Harrington’s comprehensive offering of
flow-control solutions.”
“Since our inception, we have been proud to offer high-quality
products and services that are backed by a team that emphasizes
integrity and superior workmanship,” said Junge. “The markets we
serve rely on dependable solutions and service and we are excited
to continue to deliver on this promise as part of Harrington, which
will provide our customers access to end-to-end fluid process
solutions for corrosive and high-purity applications.”
About Harrington
Founded in 1959 and headquartered in Chino, California,
Harrington is a leading distributor of fluid process products and
solutions for industrial applications. With over 60 locations
across the United States, Harrington provides solutions to vendors
in a wide array of critical industries, including water and
wastewater management, chemicals, manufacturing, semiconductors,
life sciences, and food and beverage processing. For additional
information, please visit www.hipco.com.
About Cortrol
Cortrol Process Systems was incorporated in 1979 and provides
corrosion resistant flow control products and value-added services
to the chemical process industry and other end markets. Cortrol
operates primarily in the Midwest and Gulf Coast regions.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240801130617/en/
Media Contacts Charlyn Lusk / Thomas Conroy Stanton
clusk@stantonprm.com / tconroy@stantonprm.com (646) 502-3549 /
(646) 502-9006