Great Plains Industries, Inc. (GPI), based in Wichita, Kansas, has acquired privately held Trimec Industries, headquartered in Sydney, Australia. The acquisition further diversifies the GPI’s flowmeter product lines and strengthens its presence and opportunities in international markets.
GPI is a U.S. manufacturer of inline turbine meters for measuring flow of water and water-based chemicals, as well as fuel and chemical-transfer pumps. Trimec is an Australian manufacturer of oval gear, positive-displacement meters with a presence in Asia and Europe.
“It’s your classic synergy story with two compatible organizations creating a lot more as one,” said Vic Lukic, president and CEO of GPI. “Trimec has strong distribution that complements GPI’s global distribution plan. And, we are very pleased to market Trimec’s high quality products alongside ours.”
The acquisition is key to GPI’s strategic growth plan that calls for the addition of multiple metering technologies to expanding its range of flow measurement solutions.
Plans call for both companies to maintain their current operations with no consolidation expected.
“We’ve worked with GPI for many years,” said Keith Daly, a Trimec director. “Given our similar cultures and product strategies, it makes perfect sense to grow together. GPI can now access our markets, and we now have access to theirs, markets previously difficult to penetrate.”