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ARI-Armaturen Albert Richter GmbH & Co. KG, a leading European valve-industry company, has announced the acquisition of Warren Controls Inc., a control valve company based in Bethlehem, Pennsylvania. The acquisition is part of ARI‘s strategic plan to expand its presence in the USA and strengthens its position as a global player in the valve industry. The acquisition of Warren Controls brings with it a wealth of experience and expertise in the control valve industry, which will complement ARI’s existing capabilities in the USA. The acquisition will also enable ARI to expand its product portfolio and offer its customers a wider range of products and services.
“We are excited to welcome Warren Controls to the ARI team,” said Heinrich Brechmann, managing partner and CEO of ARI-Armaturen. “The acquisition is a key part of our strategy to expand our presence in the USA and offer our customers a wider range of control valves and we believe that the combination of ARI and Warren will create a strong and dynamic force in the valve market in the USA“ said Andy Stewart, managing director of ARI-USA.
Ray Yaros, CEO of Warren Controls, said, “We are delighted to be joining forces with ARI-Armaturen. The acquisition will enable us to leverage Warren‘s national and global reach and expertise in the control valve industry, and offer our customers a wider range of industrial valve products and services. We look forward to working closely with ARI to drive growth and create even more value for our customers.”
The acquisition of Warren Controls Inc. was subject to regulatory approvals and was completed on 12th of August 2024. Financial terms of the acquisition were not disclosed.