Celeros Flow Technology has entered into a definitive agreement to sell its filtration business unit to London headquartered private equity firm, Px3 Partners. The filtration business provides consumable, mission-critical industrial filtration systems that allow customers to sustain their industrial processes and protect the environment by increasing efficiency, reducing emissions, and decreasing waste.
José Larios, President, and CEO of Celeros Flow Technology, said, “Upon completion of the sale, our business will be concentrated on serving customers in mission-critical flow control applications through our well positioned pump, valve, and closure brands.”
The Managing Partners of Px3 stated: “We look forward to working closely with Filtration’s management team to build a global industrial filtration champion and purpose-driven leader in clean tech, with a best-in-class culture of performance.
Pictured is the Celeros FT large duplex filter assembly a the company’s Newbury site.