Distribution Holdings Acquires TMEC
Acquisition adds to platform’s leading suite of process industry solutions
LKCM Distribution Holdings L.P. (Distribution Holdings), a value-added provider of process solutions, has acquired a majority of the assets of Thermal & Mechanical Equipment Llc. (TMEC).
LKCM said this acquisition is part of its ongoing strategy to expand its offerings and develop a comprehensive solution for customers in the energy, chemical and industrial manufacturing sectors. This acquisition adds TMEC’s filtration and heat transfer expertise to Airdyne’s and ICS’s air compression and nitrogen generation capabilities and Wilson Mohr’s controls, field instrumentation and building solutions, all of which are core to the Distribution Holdings platform, the company said.
TMEC’s founder, leadership team and employees will remain in their current roles and will continue to focus predominantly on growing their heat transfer, filtration and replacement filter element businesses, particularly its Switch Filtration business.