HBM Holdings has acquired Control Devices LLC of Fenton, MO. Control Devices, a portfolio company of Goldner Hawn founded in 1963, is a designer and manufacturer of engineered flow-control products utilized in niche applications across an array of end markets.
“Control Devices’ application engineering expertise, design content, and proven growth strategy make them an outstanding fit for the HBM portfolio,” said Anderson Fincher, CEO of HBM. “We see a terrific opportunity to support the management team in accelerating growth for the company as HBM builds in this market and expands further into the industrial components space.”
Scott Kerns, Control Devices CEO, commented, “We are excited to become part of the HBM portfolio. HBM is the right owner for us. HBM’s buy-and-build approach will accelerate our growth strategy, and takes our ability to serve customers to the next level.”