Marshall Excelsior Co. in Marshall, east of Battle Creek, has acquired the assets of CPC-Cryolab and Rockwood Swendeman in Florida. Both companies serve cryogenics end markets around the world. Terms of the transaction were not disclosed.
Cryogenics refers to the production and behavior of materials at very low temperatures. CPC-Cryolab is a provider of liquid hydrogen and liquid helium valves, and Rockwood Swendeman focuses on cryogenic safety relief valves.
“We think CPC is a tremendous complement to Marshall Excelsior and will expand our reach into cryogenic end markets,” says Jeff Fox, chairman and CEO of Missouri’s Harbour Group, which owns Marshall Excelsior.
“The combination of the businesses provides the opportunity to expand the offering of market leading products to a broader customer base. We are excited to have the CPC team join the MEC and Harbour family.”
Marshall Excelsior designs, manufactures, and supplies highly engineered flow control products used in the transportation, storage, and consumption of compressed and liquefied gases. Over the past 40 years, it has provided fittings, adapters, valves, regulators, pigtails, gauges, and accessories. Its products support applications including bulk storage, transport, industrial, commercial, medical, domestic, and recreational vehicles.
“CPC is a fantastic fit with MEC,” says Pat Donovan, CEO of Marshall Excelsior. “It provides a cryogenic platform we can build upon. (We have) been focused on expanding into cryogenic applications, and CPC represents a great opportunity for us to do so.”
Harbour Group is a privately owned operations-focused company based in Missouri. Its companies are engaged in manufacturing and distribution across diverse industries. It was founded in 1976 and has acquired 214 companies in 47 different industries.