KLINGER purchases industrial sealing company GPI
KLINGER Holding GmbH, located in Gumpoldskirchen, Austria, has acquired Texas-based GPI. With the acquisition, GPI joins Thermoseal Inc. and KLINGER IGI Inc. as part of KLINGER Group’s U.S. industrial sealing companies. GPI provides West Texas with sealing technologies in industries such as oil, chemical, power, gas and waste water. The company supplies and recommends industrial […]
Hastings forms Coyote Industrial Holdings through key acquisitions
Hastings Equity Partners has made its third Fund IV platform investment in Coyote Industrial Holdings. Coyote was formed through the acquisitions of Code Red Safety and Critical 2-Way Communications to be a leading provider of safety equipment rental, safety product sales, high-angle and confined-space rescue, and in-plant communication services across the industrial, refining, petrochemical, automotive, […]
Huntsman completes acquisition of Icynene-Lapolla
Huntsman Corp. has completed the acquisition of Icynene-Lapolla, a leading North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems for residential and commercial applications. Huntsman acquired the business from an affiliate of FFL Partners LLC for $350 million, subject to customary closing adjustments, in an all-cash transaction funded with available liquidity. The […]
PBF Energy completes Martinez refinery acquisition
PBF Energy Inc.’s subsidiary completed the acquisition of the Martinez refinery and related logistics assets from Equilon Enterprises LLC dba Shell Oil Products US. The purchase price for the assets was $960 million plus the value of hydrocarbon inventory. In conjunction with the transaction, PBF has entered into market-based, crude oil supply and product offtake […]
