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DeZURIK, a valve manufacturer headquartered in Sartell, has acquired an Indiana-based valve company, effective January 1.

DeZURIK acquires complementary company in $63 million deal Sarah Kocher, St. Cloud Times © Jason Wachter, jwachter@stcloudtimes.com DeZURIK in Sartell. SARTELL — Sartell-based valve manufacturer DeZURIK acquired a complementary company in a $63 million deal this month. DeZUIRK acquired Red Valve effective Jan. 1 from Hillenbrand Inc. DeZURIK manufactures valves for municipal and industrial use, and Red Valve is known for its elastomers, pinch valves and check valves. © Dave Schwarz, dschwarz@stcloudtimes.com CEO and President Bryan Burns talks about the processes u...

Batesville-based Hillenbrand Inc. (NYSE: HI) says it has reached a deal to divest its Abel Pumps LP subsidiary to IDEX Corp. (NYSE: IEX) in Pittsburgh. The sale is valued at more than $103 million and

Press release content from PR Newswire. The AP news staff was not involved in its creation. Hillenbrand Announces Definitive Agreement to Sell ABEL Pumps to IDEX Corporation January 11, 2021 GMT Hillenbrand - a global diversified industrial company. (PRNewsfoto/Hillenbrand, Inc.) BATESVILLE, Ind., Jan. 11, 2021 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today that it has reached a definitive agreement to sell Abel Pumps, L.P., and certain of its affiliates (ABEL) to IDEX Corporation (NYSE: IEX). The sale follows Hillenbrand’s previously announced intent to exit the ABEL business...