Porvair's Microfiltration division has acquired Eisenmann Metallurgical LLC, trading as Chand Eisenmann Metallurgical (CEM), in a deal worth US$5.5 million.
CEM designs and manufactures porous sintered metal products, including specialist filters, at a facility in Caribou, Maine, USA.
Porvair says that there is a good commercial fit between CEM and its existing product portfolio, with clear cross-selling opportunities. Ben Stocks, Porvair chief executive, said: "CEM is a highly complementary bolt-on acquisition which broadens our product range, geographic spread and materials expertise. Its staff, based in Caribou, Maine, are skilled and highly experienced and are warmly welcomed to the Group. There are many cross-selling opportunities apparent in this transaction and we plan to invest in the Caribou facility over the next 12 months to accommodate the expected growth."
