Richards Industrials, a manufacturer of regulators, valves, and other flow control products, has announced the acquisition of Equilibar LLC. Equilibar is the second strategic add-on acquisition for Richards in 18 months, which partnered with Astor Place Holdings in July 2019.
Founded in 2007 and headquartered in Fletcher, North Carolina, Equilibar offers a wide range of back pressure, vacuum, and electronic regulators, as well as specialty valves and other fluid control products. Equilibar’s unique, patented, dome-loaded multiple orifice technology provides best-in-class fluid control for some of the most challenging applications in the world.
Jeff Jennings, President of Equilibar said, “We are thrilled to be joining the Richards team. Partnering with Richards and its global network of technical Sales Representatives will allow us to offer our highly engineered solutions to a wider range of customers, particularly in the pharmaceutical and biopharmaceutical markets. We look forward to continuing to serve the most demanding fluid applications in collaboration with Richards.”
Equilibar is a highly complementary addition to Richards’ portfolio of precision fluid control equipment. “Equilibar’s product technology and problem-solving capabilities are unparalleled. The team’s impressive track record of innovation will bolster our existing pipeline of new products,” said Jordan Bast, President, and CEO of Richards. “We share the same strong commitment to exceptional customer service and responsiveness as Equilibar, and we are excited to welcome their employees to the Richards family.”