Control Devices, a portfolio company of HBM Holdings, announced that it has acquired Sherwood Valve, expanding its flow control product offering and strengthening its position in the compressed gas industry. The acquisition also supports HBM Holdings’ broader strategy of building capabilities across flow control and engineered industrial products.
With the addition of Sherwood Valve, Control Devices gains an established and widely recognized brand along with specialized product lines and decades of engineering and manufacturing experience. The combined capabilities are expected to broaden Control Devices’ design and application expertise while reinforcing its role as a supplier of system-critical flow control solutions.
Jim Norris, President and CEO of Control Devices, said Sherwood has built a strong reputation for innovation, reliability and quality in demanding applications across the compressed gas sector. He added that the acquisition brings together complementary product portfolios and strengthens Control Devices’ ability to serve customers across key markets while continuing Sherwood’s long-standing legacy.
Founded in 1928, Sherwood Valve is a global provider of compressed gas valves and flow control components used in industrial, specialty, high-purity and appliance gas applications. With operations in Cleveland, Ohio and Pittsburgh, Pennsylvania, Sherwood is known as the leading North American manufacturer of industrial cylinder valves and is recognized for manufacturing quality, proven engineering designs and dependable delivery performance. As part of the transaction, Control Devices and HBM Holdings will welcome approximately 75 Sherwood Valve employees into the organization. Financial terms of the transaction were not disclosed.
Control Devices, headquartered in Greater St. Louis, designs and manufactures engineered flow control solutions for compressed gas, compressed air, oil and gas and liquid controls markets. HBM Holdings is a privately held global industrial group focused on acquiring and partnering with middle-market industrial companies operating in essential industries worldwide.
