The Gorman-Rupp Co has entered into a definitive agreement to acquire the assets of Fill-Rite and Sotera, a division of Tuthill Corp, for US$525 million. With facilities in Fort Wayne, Indiana and Lenexa, Kansas, USA, Fill-Rite has annual revenue of approximately US$140 million.
Fill-Rite provides liquid transfer pumps as well as a line of mechanical and digital meters, precision weights and measures, certified meters, hand pumps, hoses, nozzles and accessories.
The Fill-Rite and Sotera brands strategically expand Gorman-Rupp’s position in agriculture, construction and recreation markets.