Harbour Group Acquires Marshall Excelsior Company

ST. LOUIS, March 21, 2017 /PRNewswire/ -- Marshall Excelsior Company ("MEC") is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group's chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.

Marshall Excelsior is a leading designer, manufacturer and supplier of mission-critical, highly engineered flow control products used in the transportation, storage, and consumption of liquefied petroleum gas ("LPG") and liquefied anhydrous ammonia ("NH₃").  Over the past 40 years, MEC has provided a variety of solutions, including fittings, adapters, valves, regulators, pigtails, gauges and accessories, to its growing base of customers.  MEC's products support various LPG and NH₃ applications including bulk storage, transport, commercial, domestic and recreational vehicles.  The company is headquartered in Marshall, Mich.

"We are pleased to welcome Marshall Excelsior to the Harbour Group family," said Mr. Fox.  "MEC represents key attributes that Harbour Group seeks in all of its companies.  MEC is known as the leading innovator in its industry due to its strong engineering and design capabilities and ability to provide customers with unique products to meet their challenges.  Harbour Group's resources will help the Company continue to grow both domestically and internationally."

Franco Domingo, MEC Vice President, added: "Marshall Excelsior has been successful in establishing itself as a leading market player by offering its customers differentiated, superior products.  Going forward, we believe Harbour Group can help accelerate our growth as we expand into new product categories and geographies.  We are excited about the future of our company and our products."

About Harbour Group
Harbour Group is a privately owned, operations focused company based in St. Louis, Missouri. Harbour Group's companies are engaged in manufacturing and distribution across diverse industries including scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, logistics services, abrasives, diamond-cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 192 companies in 40 different industries.

SOURCE Harbour Group