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Columbus-based FCx Performance Inc. has completed its fourth acquisition in 18 months.
A supplier of industrial process control products, process instrumentation and high-purity products, the company acquired Milwau kee-based Simone Engineering in mid-May. Simone is a distributor of industrial valves, process control instrumentation and flow control equipment in the Midwest. The purchase price was not disclosed.
The deal is expected to bump employment at FCx from 135 workers to 230, increase annual sales to $120 million from $80 million and expand the company's presence to 21 offices in 15 states from 14 offices in 10 states.
"We operate in a fragmented market and have plans...