Haskel International, Inc.
On April 23, 1999, Tinicum joined with Edmundson International and management to purchase Haskel. The company manufactured pneumatically- and hydraulically-driven pumps and air pressure amplifiers for industrial, commercial, aerospace and military applications. Under Tinicum and Edmundson ownership, Haskel completed two acquisitions: BuTech Pressure Systems, which manufactured high-pressure valves and other piping components, and DuraMeter Pump Company, which manufactured electrically-driven chemical injection pumps. On October 29, 2004 Tinicum and Edmundson sold Haskel to Hamilton Sunstrand Corporation, a division of United Technologies Corp (NYSE: UTX).
Date of Investment:Apr 1999