HOUSTON (Oct. 23, 2007) — GHX Industrial L.L.C. has acquired All Hose & Specialty L.L.C. and Sykes Supply Co. for $20 million.
The transaction closed Oct. 2, and details weren't disclosed.
GHX, a fabricator and supplier of industrial fluid transfer and sealing products, said the deal will boost its annual revenues to $70 million and expand its Gulf Coast presence with the purchases.
All Hose supplies and assembles high-pressure, hydraulic and industrial hose products and fittings and has plants in Broussard and Houma, La., and Houston.
Sykes supplies industrial hose, gaskets and mechanical seal repair in Pensacola, Fla., and Mobile, Ala.