Fluid options distributor TIPCO Applied sciences acquired Potter Associates. Phrases of the transaction weren’t disclosed.
Based mostly in Rochester, NY, Potter Associates is a distributor of hydraulics, gaskets, valves, fittings and different elements. The corporate serves industries, comparable to energy technology, chemical processing, MRO, meals/beverage and industrial manufacturing. Established in 1964 by M. Bruce Potter, the corporate will proceed to be led by its present president Steffen Potter.
TIPCO expands its footprint to 38 areas throughout 16 states with the acquisition.
MDM’s 4Q24 M&A Report (retailer hyperlink)
“TIPCO Applied sciences is thrilled to welcome third-generation homeowners Steffen and Kim, together with your complete Potter staff, to our rising household of individuals and partnerships,” TIPCO CEO of Industrial Enterprise Rob Lyons mentioned in a March 18 information launch. “We’re excited to construct on Potter’s wealthy legacy of world-class sealing merchandise and sanitary options all through upstate New York.”
In current information, TIPCO acquired Kenilworth, NJ-based Flexline, introduced on March 4.
