Anvil® International Acquires AFCON®
Apr 10, 2017, 14:00 ET
Acquisition Delivers Best Fire Product Package in the Industry
EXETER, N.H., April 10, 2017 /CNW/ -- Anvil International, one of the largest and most complete manufacturers of pipe fittings, pipe hangers and piping support systems in the world, announced that it has acquired AFCON, a leading provider of patented fire protection pipe hangers and seismic bracing products.
"This acquisition strengthens Anvil International's hanger and seismic bracing product line to offer the best fire protection package in the industry," said Dean Taylor, vice president of Anvil International. "We are excited to work with Kraig Kirschner, the former CEO of AFCON. Our emphasis will continue to be on innovation and further development of pipe hanger products."
"AFCON's history of being an innovator and producing contractor-friendly products made this a perfect fit for our company," said Tom Fish, CEO of Anvil International. "Our new ownership, One Equity Partners, asked us for meaningful acquisitions and AFCON was first on our list."
"As a brand of Anvil, the AFCON product will reach a worldwide customer base," said AFCON CEO Kirschner. "Together, we will continue to create innovative and advanced products for the industry."
About Anvil International
Anvil International is one of the largest and most complete manufacturers of pipe fittings, pipe hangers and piping supports systems in the world. For more than 150 years, Anvil has provided the highest-quality pipe products and services with integrity and dedication to superior customer service. The company offers expertise and product solutions for a wide range of applications, from plumbing and mechanical, HVAC, industrial and fire protection, to mining and oil and gas. Anvil offers products and services worldwide. For more information, please contact Anvil's corporate offices at 603-418-2800, 2 Holland Way, Exeter, NH 03833, or visit anvilintl.com.
About One Equity Partners
One Equity Partners is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. One Equity is a trusted partner with a differentiated investment process, a broad and senior team, and an extensive track record generating long-term value for its partners. Since 2001, the firm has invested in more than 140 transactions worldwide. One Equity, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York and Chicago, and an advisory office in Frankfurt. For more information, please visit www.oneequity.com.
SOURCE Anvil International
For further information: Dean Taylor, Anvil International LLC, V.P. Sales & Marketing 603-418-2800, [email protected], http://www.anvilintl.com
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