Celeros Flow Technology to sell Filtration business

Celeros Flow Technology has entered into a definitive agreement to sell its Filtration business unit to the UK-headquartered private equity firm Px3 Partners.

Image copyright © Pavel - Adobe Stock.
Image copyright © Pavel - Adobe Stock.

When the deal closes, Celeros Flow Technology intends to accelerate the strategic transformation of its flow control solutions, which includes pumps, valves and closures, through reinvestment in the business, its employees, and strategic acquisitions.

José Larios, president and CEO of Celeros Flow Technology, said: “Upon completion of the sale, our business will be concentrated on serving customers in mission-critical flow control applications through our well positioned pump, valve and closure brands.”

Celeros Flow Technology is held by funds affiliated with Apollo Global Management Inc.