Dresser Acquires Elliott Valve
Dresser, Inc. has acquired the assets of Elliott Valve, Ltd., based in Houston, for an undisclosed amount of cash. Elliot Valve distributes, repairs and reconditions valves, actuators and related products and is a long-time distributor of Dresser products.
Stuart Brightman, President of Dresser Flow Control Americas, stated, "The Elliott acquisition gives us an entry into an aftermarket that is important for Dresser, and it will also enable us to expand the service offering to customers of our flow control product line." Dresser acquired Elliott's operations and equipment in the transaction and has the non-exclusive rights to use the Elliott Valve name for marketing purposes.