- The Sterling Group Completes the Sale of Velcon Filters, LLC to Parker Hannifin Corporation
- The Sterling Group Completes the Acquisition of Dexter Axle from Tomkins Industries, Inc.
- The Sterling Group to Sell Velcon Filters, LLC to Parker Hannifin Corporation
- The Sterling Group to Acquire Dexter Axle from Tomkins Industries Inc.
Velcon Filters, LLC, a Portfolio Company of The Sterling Group, Completes Acquisition of Warner Lewis GmbH
COLORADO SPRINGS, CO (May 1, 2012) – Velcon Filters, LLC, a manufacturer of industrial filtration systems, today announced that it has acquired Warner Lewis GmbH. Velcon is a portfolio company of The Sterling Group, a middle market private equity firm based in Houston, Texas, and was acquired in 2009 as a platform to execute a buy-and-build strategy. Headquartered in Kelsterbach, Germany with locations in Phillipsburg, Germany; Farnborough, UK; Paris, France; and Dubai, UAE; Warner Lewis offers aircraft refueling solutions to customers in Europe, the Middle East and Africa (“EMEA”). Warner Lewis has been a strategic business partner of Velcon for over 40 years distributing Velcon’s line of products, in addition to manufacturing its own standard or custom vessels, pit-boxes and …