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Wynnchurch acquires Pennsylvania manufacturer

ROSEMONT - Private equity firm Wynnchurch Capital said it has acquired Pennsylvania Machine Works LLC for an undisclosed sum.

Founded in 1931 and headquartered in Aston, Pa., Penn Machine is a fully integrated manufacturer of high pressure forged fittings and branch connections for the oil & gas, petrochemical, LNG, industrial and shipbuilding end markets.

Wynnchurch Managing Director Greg Gleason said Penn Machine "has built a strong reputation for providing customers with industry-leading service levels across a broad offering of fittings and branch connections.

"We are excited to partner with Joe and his team to continue the Company's impressive track record," he added.

The acquisition was part of Wynnchurch Capital's $2.277 billion investment Fund V. In November, Wynnchurch acquired Clyde Industries, a designer and manufacturer of sootblowers.

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