AIV Europe completed the purchase of Adanac Valve Specialities, 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 maximise 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.”