Deal snapshot: STONEAGE ACQUIRES WATERBLASTING PRODUCTS RESELLER AQUAPOWER.
US-based waterblast tooling and equipment manufacturer StoneAge, Inc. has acquired UK-based waterblasting tooling and accessories reseller AquaPower Ltd., the company said. AquaPower is headquartered in the industrial midlands of the United Kingdom.
The new StoneAge Europe facility will be run by managing director, Steve Ellis, who brings nearly 30 years' experience in the waterblast industry, having played a part in the growth of several companies including Flowplant (formerly Harben), WOMA, and Asia Waterjet Equipment in Dubai.
Target: AquaPower Ltd
Buyer: StoneAge, Inc
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Mar 8, 2017|
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