Gorman-Rupp to acquire Tuthill’s Fill-Rite enterprise

The Gorman-Rupp Co has entered into a definitive agreement to accumulate the property of Fill-Rite and Sotera, a division of Tuthill Corp, for US$525 million.
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Fill- pressure gauge provides liquid switch pumps in addition to a line of mechanical and digital meters, precision weights and measures, licensed meters, hand pumps, hoses, nozzles and equipment.
With services in Fort Wayne, Indiana and Lenexa, Kansas, USA, Fill-Rite has annual income of roughly US$140 million.
The Fill-Rite and Sotera brands strategically expand Gorman-Rupp’s position in agriculture, development and recreation markets.
“We are extraordinarily excited to welcome Fill-Rite’s spectacular portfolio of mission-critical pumps and its excellent staff of workers to the Gorman-Rupp household,” said Scott King, president and CEO of Gorman-Rupp. “Altogether, with our mixed capabilities, we expect our revenues to achieve over US$500 million yearly – a significant milestone.”

“I first realized about Gorman-Rupp once I was in high school,” mentioned Jay Tuthill, chairman of Tuthill Corp. “That was the summer season of 1969 and I was being given a crash course on ‘Who’s Who in the Pump Business’. Now, more than half a century later, I am thrilled to see Tuthill’s Fill-Rite enterprise transferring into the Gorman-Rupp orbit.”

pressure gauge octa -Rupp says that Fill-Rite aligns with its disciplined acquisition standards centered on pumps and pumping solutions.
“We are happy to have discovered a companion that represents a superb strategic match for both firms, bringing together two pioneering flow management companies with over one hundred fifty years of mixed expertise operating as market-leaders,” said Jeff Gorman, government chairman of Gorman-Rupp’s board of administrators. “This exceptional alternative matches properly into Gorman-Rupp’s total strategic plan to search out well-suited opportunities for growth and innovation.”

Fill-Rite’s management staff will continue to steer the enterprise as a new division of Gorman-Rupp.

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