Velcon Acquires Warner Lewis to Expand Reach, Product Line
May 03, 2012
Velcon Filters, a producer of industrial filtration systems, has acquired long-time strategic partner Warner Lewis. Based in Kelsterbach, Germany, Warner Lewis has been distributing Velcon products for more than four decades and manufactures its own line of aircraft refueling solutions. Through the transaction, Velcon will boast a wider range of products for the jet fuel market and strengthen its presence in Europe, the Middle East and Africa. The Sterling Group purchased Velcon as the platform for a buy-and-build strategy initiated in 2009. The most recent transaction is the third add-on for the company.