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Pipeline Engineering generated approximately $30 million in revenues during its recent fiscal year.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-09-28
Deal Participants
Target (Company) Pipeline Engineering & Supply Co., Ltd. Acquirer (Company) CIRCOR International, Inc.
Deal Rationale
The acquisition will allow CIRCOR to better assist its customers in managing their pipeline assets more efficiently and safely and leverages Pipeline Engineering's customer relationships and approved suppliers' lists to other energy-related products. The transaction will significantly expand CIRCOR reach beyond traditional North American foothold.
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