Recent Press Releases, Transactions and Announcements
September 26, 2022 - Purgo Holdings announces the acquisition of Superior Manufacturing, LLC (“Superior”)
Purgo Holdings is pleased to announce the acquisition of Superior Manufacturing, LLC (“Superior”), a Fort Wayne, IN based manufacturer of chemical-free, magnetic water conditioning systems used to reduce scale in residential, commercial and industrial applications. The acquisition of Superior is Purgo’s fourth acquisition since its formation and bolsters the platform’s water treatment product offering. “We are excited to welcome Superior Water Conditioning to Purgo” said Ken Rodi, CEO of Purgo. “Superior’s unique non-chemical conditioning product is a perfect add on to our LAKOS business and will allow for the expansion of our offering to existing customers and channel partners. Superior has been in the capable hands of the Sanderson family for many years. We are proud to continue their legacy of exceptional customer service and product quality in the water treatment markets.” Scott Sanderson, President of Superior, added “Superior is proud of the growth and success we have achieved in the water conditioning market. As we looked to transition our family business, our goal was to select a partner that would not only continue to invest in the business for growth but also honor my father’s legacy. We are very proud to be part of the Purgo team and we are confident that the business will continue to flourish under their ownership”.
May 20, 2022 - Purgo Holdings announces the acquisition of Air and Liquid Systems (ALSI)
Purgo Holdings is pleased to announce the acquisition of Air and Liquid Systems, LLC (“ALSI”), a Detroit, MI based manufacturer and distributor of industrial filtration equipment and systems used in pre-treatment and paint processing applications. The acquisition of ALSI is Purgo’s third acquisition since its formation and significantly broadens its filtration and separation product offering, expanding its industrial end market coverage. "We are excited to welcome ALSI to the Purgo portfolio of market leading filtration products and brands; and look forward to opportunities for growth across the platform,” said Purgo’s Chief Executive Officer, Ken Rodi. “As with our acquisition of Steri Technologies in 2021, ALSI brings not only exposure to new markets and applications but also a broad line of new filtration technologies that matter to our customers and their filtration needs.” “ALSI has built a strong foundation with our customers through exceptional product performance, and aftermarket service and support,” said Jim Miller, President of ALSI. "We have a dedicated team of professionals committed to our customer base and we are poised to capitalize on continued growth. The coming together of three unique and differentiated filtration companies will open new opportunities for ALSI in the future.”
May 17, 2021 - Purgo Holdings announces acquisition of Steri Technologies
Purgo Holdings LLC is pleased to announce that it is has acquired Steri Technologies Inc, a Bohemia, New York-based manufacturer of filtration systems for the chemical and pharmaceutical industries. This acquisition will further diversify and broaden Purgo’s portfolio of filtration solutions and expand into new vertical markets. Steri Technologies will continue to operate under its current name with plans to invest for continued growth. “We are excited to partner with Purgo and continue to invest in the growth of Steri”, says Clemens Nigg, President of Steri. “We have experienced significant growth over the past several years as customers recognize our differentiation in product quality and support, and our customer-focused approach to solving their filtration needs. Our dedicated employees have been instrumental to building our reputation in the marketplace, and we are excited to see continued investment for growth.” This acquisition marks the second investment for Purgo Holdings since its inception in 2018, building on its initial platform investment of LAKOS Filtration Solutions, a leading manufacturer of filtration and separation solutions for commercial, industrial and irrigation markets.
August 1, 2018 - Purgo Holdings announces acquisition of LAKOS Filtration Solutions
Purgo Holdings is pleased to announce that it has acquired LAKOS Filtration Solutions a Fresno, California-based manufacturer of filtration systems for the industrial, commercial, agricultural irrigation, and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS Filtration Solutions was formed in 1972 and is based in Fresno, California.