Hale Products To Acquire Akron Brass as Part of IDEX Corporation Fire Suppression Group

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    Client News

  • Date:

    February 10, 2016

Hale Products To Acquire Akron Brass as Part of IDEX Corporation Fire Suppression Group



Client News

Ocala, FL (February 11, 2016) – Hale Products, Inc. has entered into an agreement to acquire Akron Brass as part of IDEX Corporation’s Fire Suppression Group (FSG). The addition of Akron Brass to the FSG portfolio further positions this division of IDEX as an industry leader in the firefighting industry.

The two companies offer complementary product lines and synergies and present an integrated solution that is designed, manufactured, and tested as a complete offering. For customers, this not only means a stronger relationship, but also greater product solutions per truck.

“We’re thrilled to bring Akron Brass on board and expand our product portfolio to offer even more of a complete solution for our customers,” said Bill Simmons, group general manager IDEX FSG. “There is immense value when you are able to purchase a complete system and can trust that every part of that system was designed, manufactured and tested as a unit. With the addition of Akron, we’ll be able to operate as an even more efficient and agile organization.”

Hale Products manufactures fire pumps, portable firefighting pumps, foam products and electrical systems for emergency services professionals. Akron Brass is a global manufacturer of high performance firefighting and emergency response equipment including nozzles, monitors, valves and vehicle electronics.

“Akron Brass’ world-class brands and presence as a premier manufacturer of firefighting equipment are an excellent strategic fit within our existing Fire Suppression platform,” said Andy Silvernail, IDEX chairman and chief executive officer. “Over the past yea, we have uncovered some excellent opportunities that have similar attributes to our existing businesses where our operational abilities can be leveraged, and Akron Brass meets these criteria. This acquisition creates a $330 million premier fire and rescue platform serving the global firefighting industry.”