News & Views
Acquisition strengthens UK and US sector growth
Oct 05 2021
A strategic move that has brought UK-based Flotronic Pumps under the direct ownership of Unibloc Pump is set to both accelerate growth and broaden market access for both companies through enhanced product solutions. A producer of sanitary pumps for the food and beverage, meat & poultry and pharmaceutical sectors for 37 years, Unibloc’s acquisition adds Flotronic’s air operated double diaphragm (AODD) pumps to its portfolio.
Founded in 1990, Flotronic Pumps has a global reputation as the inventor of the ‘One Nut’ AODD pump – a single bolt design that significantly reduces process downtime by simplifying pump assembly / disassembly and providing savings in maintenance costs. Terms of the agreement were not disclosed. While retaining the Flotronic Pump trading name, Unibloc’s chief executive officer Chris Stevens, joins its management team also as CEO providing commercial leadership.
“This acquisition is a perfect hand-in-glove fit for Unibloc Pump.” Stevens said. “Unibloc Pump and Flotronic Pumps are ready to drive accelerated growth by offering customers products and solutions fueled by our passions for innovation, safety and simplicity in maintenance to avoid downtime and increase efficiencies.”
Through the leadership of owner Stuart Whitehouse and the deep expertise of Director of Sales Leighton Jones, Flotronic Pumps has witnessed significant growth in Europe, as well as North America.
“What we really like most of all about joining the Unibloc Pump family is that we share many of the same cultural values of simplicity in product design, quality in products, unabashed customer-focus, deep industry expertise and a penchant for strong innovation,” said Jones. “These qualities will ensure that Unibloc Pump and Flotronic Pumps will be successful moving forward by flourishing through common bonds,” added Jones.
“Important to this acquisition is that both companies share complementary market footprints,” commented Whitehouse. “The combination will enable Unibloc Pump to grow its UK and European business, while also giving Flotronic Pumps an unmatched North American foothold. That should pay off in greater market coverage and increased overall value delivered to the customer.”
Unibloc Pump is a portfolio company of May River Capital, a Chicago-based private equity firm helping high-caliber, lower middle-market industrial businesses grow and thrive.
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