Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Relevant Industrial Reaches Agreement to Purchase Rawson/ICD, Inc.

Relevant Industrial, LLC (Relevant), a leader in value-added distribution and service for instrumentation and automation, rotating equipment, valve, purification, and thermal equipment solutions, announced the signing of an agreement to acquire Rawson/ICD, Inc., headquartered in Houston, TX. As part of the overall transaction, Rawson/ICD’s commercial building automation team will be acquired by Building Controls & Solutions, headquartered in Dallas, TX. Over the past 65 years, Rawson/ICD has become a trusted source for valves and valve automation, instrumentation, process control systems (PCS), steam solutions, commercial building controls, and process measurement. The transaction is expected to close in the coming weeks, following customary pre-closing approvals and minimal closing conditions.

Recommended AI News: Mendix to Unveil a New SaaS Solution for the Fashion and Retail Industries

“Rawson/ICD is thrilled to join forces with Relevant and Building Controls & Solutions. These transactions create access to a broad line of products and solutions that will support the continued growth of our business.”

Relevant Industrial, with the addition of Rawson/ICD, will have over 400 employees, throughout 35 locations, as well as strategically deployed sales resources covering a robust geography to serve key customer markets in the contiguous United States.

John Carte, Relevant Industrial’s Chief Executive Officer commented, “Our company’s commitment to an exceptional customer experience and success for our supply partners will be amplified with the addition of Rawson/ICD to the Relevant Industrial family. They have a customer-centric culture that directly aligns with Relevant’s mission. Additionally, Rawson/ICD’s recent performance shows that customers value their focus on cutting-edge solutions, which provides opportunities for growth for our suppliers and team members – a perfect fit with Relevant’s values.”

Related Posts
1 of 40,170

Recommended AI News: ViTel Net Launches Industry First Virtual Care Portfolio Tailored For All

Eric Chernik, Building Controls & Solutions’ Chief Executive Officer noted, “We are excited to bring together two strong Building Automation and Controls teams by integrating ICD’s commercial division into our business. The addition of ICD’s commercial group enhances our position as a distributor and service provider that brings global product brands and inventory together with local in-market technical resources. Together our enhanced solutions will bring customized, value-added services to our commercial building customers every day.”

David Wilken, Rawson/ICD’s President stated, “Rawson/ICD is thrilled to join forces with Relevant and Building Controls & Solutions. These transactions create access to a broad line of products and solutions that will support the continued growth of our business.” Mr. Wilken continued, “Relevant has advanced engineering capabilities that complement the Rawson/ICD model, and our collaborative solutions will extend value to our customers.”

The acquisition of Rawson/ICD brings another trusted industrial instrumentation sales and process measurement company into the Relevant portfolio. Rawson/ICD’s expertise in valves and valve automation, process control engineering, and filtration adds a unique value that will strengthen our customer partnerships and broaden our geographic coverage.

Recommended AI News: Amazon Drone Project Layoffs: IDTechEx Analyzes the Future of Drone Delivery

[To share your insights with us, please write to sghosh@martechseries.com]

Comments are closed.