On February 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.
“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.