ERIE, Pa. (Feb. 25, 2014) – High Pressure Equipment Company (HiP) acquired Staffordshire Hydraulic Services Ltd. (SHS). SHS has been a key distribution partner for HiP for over 40 years. Additionally, SHS markets its own line of standard and customized high pressure equipment with application in the oil and gas, power generation and other industrial markets.
Larry Loper, President of High Pressure Equipment commented, "SHS is a leader in the high pressure market with whom we have collaborated productively for many years. Together with our investment partners at Wasserstein & Co., we believe the talented management team and excellent product offering of SHS will enable us to better serve our customers in the North Sea market and throughout the United Kingdom.”
High Pressure Equipment Company manufactures valves, fittings, tubing, accessories, reactors and customized products.
Staffordshire Hydraulic Services, of Stoke-on-Trent in Staffordshire, manufactures and distributes high pressure test equipment and accessories in the North Sea market.