Komline-Sanderson acquires capital equipment manufacturer Fluid Quip
Komline-Sanderson, a New Jersey-based designer and manufacturer of equipment for wastewater management, environmental control, and other industrial applications, has acquired Fluid Quip, an Ohio-based manufacturer of capital equipment for the corn wet-milling and ethanol industries.
The deal closed on 30 December 2021.
According to Komline-Sanderson, corn wet-milling is its core market and the acquisition of Fluid Quip considerably enlarges its product offering.
Fluid Quip Technologies, which is a separate company is not part of the deal. The company uses Fluid Quip’s equipment in the retrofitting of ethanol plants for producing ultra-high-protein products, which are used as animal feed.
Andy Franko — Fluid Quip CEO said: “Komline and Fluid Quip have partnered for nearly 20 years on a variety of projects and joint ventures for our customers in the corn wet-milling industry, making the business combination a very natural next chapter.
“Becoming part of Komline means we have even more products, engineering capabilities, and solutions to offer, while providing the same great service on which we built our reputation.”
Fluid Quip marks the fifth acquisition for Komline-Sanderson in 2021. Previously in the year, Komline-Sanderson had acquired Barnes International, Harn R/O Systems, Haselden Company, and AquaShield.
Danai Brooks — CEO of Komline-Sanderson said: “We are proud of the progress Komline made in 2021, as we significantly broadened our product offering, production capacity, and field service capabilities over the course of the year.
“With Fluid Quip, we now have nine manufacturing facilities in the United States and a new partnership with a talented team in Ohio. Because of the special relationship Komline and Fluid Quip have built over the years, I am particularly enthusiastic about the opportunities this acquisition will create.”