Swagelok Acquires RHPS, Broadens Regulator Line
Swagelok Co. announced it has acquired the shares of RHPS B.V. as part of its strategy to broaden the company’s offering of products and services for fluid system technology.
Located in Nieuw-Vennep, The Netherlands, RHPS is a manufacturer of pressure regulator products used mostly in oil and gas, chemical/petrochemical, alternative fuels, semiconductor, biopharmaceutical, and other demanding applications. Terms of the purchase were not disclosed.
"We are excited to welcome the RHPS team to Swagelok," says Arthur F. Anton, Swagelok president and CEO. "We think the two cultures are a natural fit and have similar values including the passion to truly understand the needs of our customers and act on them."
For more information, visit: http://www.swagelok.com.