Gorman-Rupp to acquire Fill-Rite and Sotera business from Tuthill for $525m
The Gorman-Rupp Company, a US-based provider of pumps and pump systems, has agreed to acquire the assets of Fill-Rite and Sotera, a business unit of the Tuthill Corporation, for $525 million. After taking into account, expected tax benefits of around $80 million, the net transaction value is around $445 million. Fill-Rite and Sotera is a […]