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FCX Performance acquires 4th company in 6 monthsColumbus, OHFEBRUARY 9, 2017
FCX Performance, a leading specialty flow control distributor, headquartered in Columbus, Ohio, serving the industrial process, energy, and high purity industries, announced that it has acquired Renew Valve & Cleveland Valve & Gauge, based in Monroe, MI. Renew and its Cleveland Valve and Gauge division, are one of the foremost safety relief valve and line valve service companies in the US.
“FCX is an incredible fit for Renew/CVG”, according to JB Rorick, President of Renew. “Adding our relief valve and repair expertise with their breadth of valve, pump, specialty piping, instrumentation products and services creates a unique and powerful combination.”
“We’re proud to welcome Renew/CVG to the FCX family. This acquisition further reinforces our already strong presence in the Midwest” said Tom Cox, CEO of FCX. “FCX is known for our extensive product offering backed by our technical expertise, but what our customers tell me is the real differentiator is having the service and repair capabilities to support those products.”
This is FCX’s fourth acquisition in the last six months. The previous 3 acquisitions were located in the Midwest, Northeast and Southeast. This expands FCX’s footprint to 41 offices nationally, staffed by more than 800 experienced team members.
