Flow Smart Inc. Acquired by Watson-Marlow Fluid Technology Group
Watson-Marlow Fluid Technology Group (WMFTG), the world leader in niche peristaltic pumps and associated fluid path technologies for the food, pharmaceutical, chemical, and environmental industries, has just acquired the entire business and assets of Flow Smart Inc, a Seaford, Delaware based company that designs and manufactures high-purity sanitary gaskets, silicone transfer tubing, and reinforced silicone hoses for the bioprocessing and pharmaceutical industries.
The acquisition was possible because of WMFTG’s parent company Spirax-Sarco Engineering PLC, which is a multi-national industrial engineering group that focuses on steam specialties through the use of the name Spirax Sarco. Niche peristaltic pumps and associated fluid path technologies are offered through Watson-Marlow Fluid Technology Group. The new acquisition of Flow Smart Inc. adds sanitary seals, gaskets, hosing, tubing, and other custom components to Spirax-Sarco Engineering PLC’s product offerings.
Instead of adding the company name to Spirax-Sarco’s product line, the new business will be integrated into the existing Watson-Marlow Fluid Technology Group. However, WMFTG will not be starting over after acquiring Flow Smart Inc. The entire existing staff will be transferred to the new company, including Lou Bongiorno, the founder and president of Flow Smart Inc. Furthermore, all employees will continue in their existing roles when the acquisition is complete.
“Watson-Marlow Fluid Technology Group has a great reputation within the biopharmaceutical market, so we are very excited about being able to tie into that network to enable greater exposure of our products to a wider audience and drive the organic sales growth,” says Lou Bongiorno, president of Flow Smart Inc. about the recent acquisition.
Jay Whalen, president of the Watson-Marlow Fluid Technology Group, expands on Bongiorno’s thoughts by adding, "The acquisition of Flow Smart significantly expands and enhances our fluid path product range and further strengthens Watson-Marlow's position in the sanitary markets we serve.”
Source: Watson- Marlow