The Gorman-Rupp Company /
Tuthill Corporation
The Gorman-Rupp Company to buy Tuthill Corporation fuel transfer business for $525 million
- Price
- $525m
- Stage
- Agreement signed
What happened
The Gorman-Rupp Company agreed to purchase the assets of Tuthill Corporation’s fuel transfer business, including the Fill-Rite and Sotera brands, for $525 million, subject to customary adjustments.
The transaction is expected to close in the second quarter of 2022, subject to customary closing conditions and regulatory approvals.
The source
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The Gorman-Rupp Company to buy Tuthill Corporation fuel transfer business for $525 million
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Expected close
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