Valve, Controls Supplier Cashco Acquires 3B Controls

Valve and industrial controls manufacturer Cashco has acquired the U.K.-based provider of storage tank solutions, company officials announced Wednesday.
Cashco said that the deal for 3B Controls would add a “center of production and service excellence” in the U.K., as well as expand its product lineup across “pressure/vacuum relief, flame arresting and gas blanketing.”
3B, located near Liverpool, offers pressure and vacuum relief valves, breather valves, emergency relief products, biogas equipment, and related inspection, spare parts and after-sales services.
Terms of the deal were not disclosed.
“By bringing 3B Controls into the Cashco organization, we are strengthening our ability to serve customers through broader product coverage, added expertise, and expanded geographic reach,” Cashco President Clint Rogers said in a statement. “Our combined product line will be one of the widest in the industry.”
Cashco, owned by Chicago private equity firm May River Capital, provides regulators, control valves, controllers, pressure/vacuum relief vents, and flame and detonation arrestors to a range of industrial sectors.
“This partnership leverages 3B’s localized manufacturing and distribution and enables us to provide the broader suite of Cashco solutions directly to our customers across the U.K., Europe and elsewhere,” said 3B Managing Director Phillip Horne.