Category: Steve Pykett
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Fairbanks Morse Defense to acquire Truflo Marine from IMI
Fairbanks Morse Defense to acquire Truflo Marine from IMI Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has entered into an agreement with Birmingham, U.K.-headquartered IMI plc, to acquire its Truflo Marine business whose solutions include high integrity valves, actuators, and pressure reducing stations for submarines and surface vessels. . FMD says…
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FMD celebrates its acquisition of Rolls-Royce Naval Propulsors business
FMD celebrates its acquisition of Rolls-Royce Naval Propulsors business Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has finalized its acquisition of the Rolls-Royce Naval Propulsors business. This milestone was celebrated at the newly acquired Pascagoula, Miss., foundry, where Mississippi Gov. Tate Reeves, Fairbanks Morse Defense CEO Steve Pykett, Jackson County Economic…