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North Carolina company plans to acquire Philadelphia Mixing Solutions

North Carolina company plans to acquire Philadelphia Mixing Solutions
PennLive.com
5/15/2021
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A Lebanon County-based mixing solutions provider has been acquired by a North Carolina company.
SPX Flow, a provider of process solutions for the nutrition, health and industrial markets has signed an agreement to acquire Palmyra-based Philadelphia Mixing Solutions from Thunder Basin Corporation, an affiliate of Wind River Holdings.
“This acquisition is in line with the SPX Flow’s disciplined approach to mergers and acquisitions, which is focused on strategic alignment combined with clear plans for value creation,” SPX Flow said in a press release.
The agreement is expected to be completed in the second quarter. Philadelphia Mixing Solutions’ office in Palmyra will remain open. The company employs approximately 150 people. Philadelphia Gear was founded in 1892 and commenced its mixer product line in 1954. ....

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SPX FLOW Completes Acquisition of Philadelphia Mixing Solutions

SPX FLOW Completes Acquisition of Philadelphia Mixing Solutions
Transaction combines two of North America s leading mixing solutions providers, expanding sales networks and offering broader capability and expertise for customers
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CHARLOTTE, N.C., May 12, 2021 /PRNewswire/ SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions for the nutrition, health and industrial markets, today completed its $65 million acquisition of mixing solutions provider Philadelphia Mixing Solutions, Ltd. from Thunder Basin Corporation, an affiliate of Wind River Holdings, L.P.
The addition of Philadelphia Mixing Solutions to the SPX FLOW portfolio further bolsters SPX FLOW s position as a leading global provider of essential products and process solutions that help make the world safer, healthier, and more sustainable. The Philadelphia Mixing Solutions brand will become part of the broader SPX FLOW mixing sol ....

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Charlotte company SPX Flow grows again with $65 million acquisition

Charlotte company SPX Flow grows again with $65 million acquisition
Catherine Muccigrosso, The Charlotte Observer
Apr. 29 Charlotte-based SPX Flow is acquiring a Pennsylvania company in a $65 million deal that will combine two top mixing equipment brands.
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SPX Flow has purchased Philadelphia Mixing Solutions from Thunder Basin Corp., an affiliate of Wind River Holdings, the companies said Wednesday. The transaction is expected to close during the second quarter this year.
Combining the two mixer businesses creates opportunity for growth, while also broadening our portfolio of comprehensive mixing solutions for customers in the chemical, water and wastewater, petrochemical, pharmaceutical, and nutrition & health markets, SPX Flow President and CEO Marc Michael said in a statement. ....

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Goddard Systems, Inc. CEO Dennis R. Maple Appointed Chairman of the Board

Goddard Systems, Inc. CEO Dennis R. Maple Appointed Chairman of the Board
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Dennis R. Maple Elected to the International Franchise Associations Board of Directors

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Goddard Systems, Inc. (GSI) announced today that President and CEO Dennis R. Maple has been elected to the International Franchise Association’s (IFA) board of directors. Maple is one of five new IFA board members, assuming their positions effective immediately.
Dennis Maple, President and CEO of Goddard Systems, Inc. (Photo: Business Wire)
“I am truly honored to join a board of such distinguished and successful franchise business leaders focused on further enabling IFA’s mission to protect, enhance and promote franchising,” said Maple. “Franchising is a unique and powerful business model. As we head into 2021 and continue to navigate the economic uncertainty fueled by the pandemic, the franchising industry remains an important job creator for local, national and global economies.” ....

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