CIRCOR International Incorporation recently announced the acquisition of Germany-based Schroedahl. Schroedahl is a privately-owned manufacturer of safety and control valves primarily for the power generation market and, in 2014, recorded revenue of approximately $30 million with earnings before interest, taxes, depreciation, and amortization (EBITDA) margins over 35 percent.

“This combination will enhance our product offering and further strengthen our competitive position.”

“We are excited to welcome the Schroedahl team,” said Scott Buckhout, President and Chief Executive Officer of CIRCOR International. This acquisition would position the company in the high-growth power generation market, particularly in Asia and the Middle East, and is consistent with our disciplined capital deployment strategy, he continued.

The German company can provide sustainable high margins as a result of its strong engineering capabilities, differentiated technology and excellent reputation for severe service valves, and will allow us to leverage our global salesforce to expand their product sales, he added.

“We are delighted to be combining forces with CIRCOR and to expand our access to customers and geographies beyond our current reach,” said Marc Schroeder, Managing Director of Schroedahl. “This combination will enhance our product offering and further strengthen our competitive position.”

Founded in 1962 with customers in Asia, Europe and the Americas, Schroedahl produces custom-engineered high-pressure auto-recirculation (ARC) and control valves for pump protection applications. ARC valves ensure the consistent minimum flow rate of pumps in order to guard against overheating, collapse or destruction.