Ebara revises 2010 revenue outlook

• Publisher: Elsevier Science
• Year: 2010
• Tongue: English
• Weight: 78 KB
• Volume: 2010
• Category: Article
• ISSN: 1359-6128
• DOI: 10.1016/s1359-6128(10)70117-8

✦ Synopsis

The potential transaction is subject to the parties entering into a definitive purchase agreement. Negotiations are ongoing and a closing is scheduled for 1 April 2010.

David Little, DXP Enterprises chairman and CEO said: "We are extremely excited about the potential that acquiring Quadna could bring to our customers, suppliers and shareholders."

Phoenix, Arizona-based Quadna is a supplier of fluid handling systems, including pumps, in the US. The company has nine branches in six states and Mexico and principally serves the mining, oil and gas, municipal, power food and beverage, semiconductor and chemical/pharmaceutical markets. Quadna is a major Goulds distributor, while Goulds is DXP Enterprises' largest vendor.