Acquisition Extends Offering of Highly-Engineered, Technical Solutions Offering by Providing Leading Flow Control Products and ServicesWith its second acquisition in the last month, Motion & Control Enterprises (“MCE”) announced on Feb. 4th that it has acquired Swanson Flo, Co. (“Swanson Flo”), a regional distributor of process instrumentation, flow control valves, actuators, and related equipment. Swanson Flo also provides critical value-added services including actuated valve assemblies, field services and shop repairs. Based in Plymouth, MN, Swanson Flo employs 92 associates, servicing industrial and municipal markets in 13 states in the upper Midwest and beyond. That company has 4 warehouse locations in Plymouth, MN; Milwaukee, WI; Chicago, IL and Indianapolis, IN. As a division of MCE, Swanson Flo will continue to operate under the Swanson Flo name with the same leadership team, employees, and suppliers. “The addition of Swanson Flo extends our offering of highly-engineered, technical solutions offering by providing leading flow control products and services”, said Charles Hale, Chairman & CEO of MCE. “Swanson Flo brings longstanding customer relationships and supplier partnerships, plus a highly regarded team of flow control experts. We welcome the Swanson Flo team to MCE and are looking forward to accelerated growth and continuing to bring innovative solutions to our customers.” “The Swanson Flo team is excited to join with MCE”, said Tom Howe, CEO, and majority owner of Swanson Flo. “Our teams share a similar philosophy of providing the customer with a wide range of technical products, services and solutions. Together, we will be even better positioned to meet the ever-increasing needs of our customers and principals. With Swanson Flo’s leadership, locations and team members remaining intact, we look forward to a seamless transition.” About Motion & Control Enterprises MCE is majority owned by Frontenac, a Chicago-based private equity firm that invests in middle market buyout transactions in the consumer, industrial and services markets. For more information, please visit www.frontenac.com. About Swanson Flo |