No coin nor oath required. For personal study only.
The terms of the transaction were not disclosed. Orsco manufactures surface, chain, and high-speed spindle lubrication systems that deliver precise amounts of oil to lubricate a wide variety of equipment and components used in automotive assembly operations and other industrial processes. The privately held company, which employs 35 people, will continue to market products and operate under its own brand name.
"This acquisition meets our strategic goal of diversifying the Lincoln Industrial business by supplementing Lincoln's existing range of grease and oil lubrication products with Orsco's precision oil dispensing systems," said Rick Cathcart, Pentair Water and Fluid Technologies Group president.
Lincoln Industrial manufactures automated and manual lubrication systems and equipment, as well as pumps and pumping stations for thick fluid transfer applications.
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