Ohio Transmission Corporation (OTC), the industrial equipment service provider and distributor has acquired Tennessee’s IDG Compressor, a full-service distributor of Quincy Compressor products and services for more than 30 years.
IDG Compressor, part of the Sonepar/Vallen Distribution network, has locations in the Tennessee cities of Chattanooga, Knoxville and Nashville and remote operations in parts of Kentucky and Georgia.
The company will now become a division of Air Technologies®, a compressed air system equipment and service provider that is part of the OTC family of companies.
“IDG is an outstanding addition to the Air Technologies and OTC family,” said Philip Derrow, president and CEO of Ohio Transmission Corporation. “The associates of IDG are committed to continuing to build the presence of the Quincy brand throughout their markets and Quincy is an important partner for OTC.”
IDG Compressor will continue to operate under the same name and with current local management, including Tim Huber, region manager, to lead the team.
With this acquisition, OTC now has 47 locations throughout the South and the Midwest and Northeast regions, along with 14 service shops and about 1100 employees.
“This acquisition is an important part of our rapidly growing compressed air footprint in the South,” said Joe Beyer, vice president of sales and operations at Air Technologies. “Our goal is to earn the customer preference in all compressed air business channels in these new markets.”
OTC recently acquired Pumps, Parts and Service Inc (PP&S), an industrial pump and repair business in the southeastern United States, and Furey Filter & Pump Inc and its subsidiary PSI Engineering LLC.
Earlier this year US private equity firm Genstar Capital acquired OTC from Irving Place Capital, in partnership with management.
