Generational Equity announced the acquisition of its client, Kerick Valve headquartered in Jacksonville, Florida, by Control Devices headquartered in Fenton, Missouri, a portfolio company of Minneapolis-based Goldner Hawn Johnson & Morrison, (GHJ&M). The acquisition closed on November 1, 2013.
Kerick Valve is a leading manufacturer of PVC float valves and other related components that are used in a wide variety of industrial and agricultural applications including cooling towers, irrigation and water treatment, livestock and animal watering, and commercial ice-making equipment. Control Devices' CEO, Chris FitzGerald, commented, "Kerick Valve is a name synonymous with the highest quality, made-in-America PVC float valves, and its product line is highly complementary to Control Devices' existing broad line of Bob® and Bobby® branded industrial float valves. We look forward to upholding Kerick Valve's reputation as a high-quality and highly responsive supplier to the industrial and agricultural trade."
Control Devices is a leading designer and manufacturer of engineered flow control solutions. It offers customised and standard valves, nozzles and accessories, condensate traps, refrigerant distributors and other products that serve as critical components in several end-product applications. "We are pleased to support the Control Devices management team in yet another excellent acquisition," said GHJ&M Managing Director, Jason Brass.