Two Fast Growing Valve Companies Strengthen Industry Presence and Capabilities.
AIV Europe announced today that it has completed the purchase of Adanac Valve Specialities Ltd, a UK based supplier of products and services to the valve industry and beyond.
AIV is an international master valve distributor of high-quality valves and actuators. Established in 1991 as a resource for hard-to-find, exotic alloy and specialty valves, AIV has built a reputation as a premier master distributor in this arena, serving as a trusted resource for the oil and gas, refining, chemical, petrochemical, power, pulp and paper and water treatment industries worldwide.
Commenting on the acquisition Trey Cook, President of AIV said “We are delighted to welcome Adanac to the AIV family. This opportunity further enhances our abilities to maximize our inventory and offer quick deliveries of quality products, particularly for our customers in Europe, Africa, the Middle East and Asia. The combination of AIV and Adanac expands our model of offering a large, diverse inventory, coupled with modification and testing capabilities.” Danny Innes, Managing Director of Adanac comments “We are delighted to be joining forces with AIV and expanding our access to new markets and customers currently beyond our normal reach. The strength and ambition of AIV presents us with a wonderful opportunity to accelerate and grow our business for all the various products and services we provide.”
Founded in 1986 Adanac offers a comprehensive and reliable source for the modification, testing and supply of quality valves and services, with a focus on industry leading delivery solutions. Our experience and knowledge of the needs of the valve industry right across the customer chain is wide and comprehensive. More information on the company’s successes, services provided, management and history are available on the website (http://www.adanac.co.uk).